Netflix Pays $100M To Make A TV Show Of Its Own

In a risky yet inevitable move into original programming, Netflix is shoving a massive stack of chips onto the table, betting it can hang with the likes of HBO and Showtime. The video streaming and DVD rental giant is committing an estimated $100 million to buy and develop two 13-episode seasons of House of Cards, a drama produced and directed by David Fincher, starring Kevin Spacey.

Deadline reports Netflix outbid HBO, AMC and several other networks for the show.

Do you think Netflix needs to produce its own shows to stay relevant?

Netflix To Enter Original Programming With Mega Deal For David Fincher-Kevin Spacey Series ‘House Of Cards’ [Deadline via Engadget]