) wins yet another deal. This time the video service provider has
secured the rights to make new episodes of a spinoff of the
television series. The series will be made available to customers
in Latin America and Europe. This is expected to start in
The first season of the new series would be made available in
the United States and Canada. Under the agreement, the spinoff -
Better Call Saul
- will, however, be made available exclusively on Netflix after
the season finale.
The rights were won through a deal with Sony Pictures
Television. The financial terms of the agreement were not
Over the last one year, Netflix has entered into partnerships
with major film studios and production houses, which include
names such as DreamWorks Animation, The Wachowskis (creators of
trilogy) and J. Michael Straczynski (
), Gaumont International,
) Pictures and The Weinstein Company (TWC).
Apart from this, Netflix has also entered into a partnership deal
) Marvel Entertainment. Per the deal, the company will bring out
at least four new 13-episode series and a mini-series based on
characters such as Daredevil, Jessica Jones, Iron Fist and Luke
Cage which will be broadcasted on Netflix beginning 2015.
These deals and agreement have helped Netflix to not only
increase its content portfolio, but also at the same time to move
into new segments such as comedy, political thrillers,
autobiographies and horror. These deals are expected to help
Netflix get some competitive advantage over peers that include
Although increasing competition is a challenge for Netflix,
new international expansion might help the company in the long
Currently, Netflix has a Zacks Rank #2 (Buy).
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