I was just about to pour myself my third (burp) Friday night cocktail when I ran across this…
Netflix is licensing new episodes of the TV series “Arrested Development” from 20th Century Fox Television and Imagine Television.
The sides struck a deal with the streaming service that will launch new episodes of the Emmy-winning comedy in early 2013, the studio confirmed.
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That Netflix has emerged the winner of a bidding war that reportedly included pay-TV player Showtime will be seen as a real coup for the service, which already gave Hollywood notice in March that it was in the original programming business in a big way when it ordered a 22-episode adaptation of the BBC drama “House of Cards” set to premiere next year. Analysts estimated “Cards,” which comes with Kevin Spacey attached to star and David Fincher to executive produce, cost Netflix $100 million to get the rights from Media Rights Capital.
Financial terms of the “Arrested” deal are not known but could be substantial given the caliber of talent involved.
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2013 is a long time away but I’ll take it. Thank you Netflix — this almost makes up for the whole Qwikster debacle. Happy weekend, you guys.