recently announced that it will exclusively stream a new original
for its subscribers in late 2014. The new 10 episode
science-fiction thriller will mark the television debut of
writer, producer and director duo Andy and Lana Wachowski, the
Produced by Georgeville Television in association with Studio
JMS, the series will bring together Wachowskis and well-known
writer and producer J. Michael Straczynski (co-founder of Studio
JMS), the creator of the successful television series
for the first time.
Netflix did not reveal much details of
and only said that the series will be "a gripping global tale of
minds linked and souls hunted". Nevertheless, the association of
such a strong creative team promises a mind boggling series.
Amid increasing competition from streaming providers such as
Amazon.com Inc. (
, Hulu as well as newly-launched services from cable and media
companies such as
Comcast Corp. (
, Netflix remains focused on boosting its streaming portfolio
with varied content. Apart from recent movies and documentaries,
Netflix is also boosting its original content portfolio.
Through its original television shows like
Arrested Development, House of Cards
, Netflix has been venturing into different genres like comedy,
political thrillers, autobiographies and horror. Netflix's recent
DreamWorks Animation SKG (
will help it to reach out to kids.
We believe that the recent series will further expand
Netflix's customer base going forward. Moreover, Netflix's
partnerships with Fox, a division of Time Warner and Walt Disney
will allow it to offer fresh content to its subscribers in 2013.
Netflix is expected to stream five original series by 2013
We believe that improving paid subscriber base, international
expansions, diversified content portfolio and a huge video
library are the positives in the near term. However, higher costs
owing to international ventures and licensing fees and continued
subscriber losses in its DVD business are near-term headwinds.
Mounting losses from the international business, due to higher
content and marketing costs, is another concern in the short
Currently, Netflix has a Zacks Rank #3 (Hold).
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