Back in 2013, Netflix introduced a series known as 'House of Cards.' While "political thriller" sounds more like a nasty shaggy dog story than a real genre, lovers have been all over the place the sequence. It was a big deal for Netflix, too, as it was the streaming provider's first in-house manufacturing.
Fans may suspect that the sequence was reasonable, for the reason that it used to be Netflix's first foray into growing its own shows. But that wasn't the case — although it sooner or later grew to become out that the money it cost to produce was once money well-spent.
Before Netflix introduced the collection, The Atlantic ran a piece of writing that broke down the show's price range — and defended it, too.
When it got here to the bottom line on 'House of Cards' costs, Netflix paid out no less than $100 million for two seasons of 13 episodes each and every. Pointing out that Netflix best runs off subscriber charges, and now not commercials or partnerships with large networks, The Atlantic echoed what fans have been pondering: $one hundred million used to be pretty steep. Especially for 2013!
But fast ahead virtually a decade, and Netflix is doing amazingly well for itself. So obviously, that early investment in a top-shelf series paid off. And, as The Atlantic identified, breaking even did not take much effort. With the amount of growth that Netflix was already experiencing again then (the newsletter clocked the subscription provider at 33.3 million subscribers at the time), the numbers were not that crazy.
In reality, Netflix was once doing higher at their source of revenue in line with subscriber than HBO at the time, when taking a look at HBO's fees as a fragment of customers' cable bills. The $100M additionally appeared like a just right funding — even for a first foray into self-produced presentations — as a result of Netflix was once dealing with top fees for paying for rights to other firms' presentations and movies.
Remember, there was no Disney streaming carrier in 2013, and Netflix was paying them — and others — thousands and thousands for streaming rights.
It in reality did repay, too. Even although Kevin Spacey was involved in a scandal that resulted in his character — the lead — being killed off in the next-to-last season, 'House of Cards' ran for six seasons and earned lots of enthusiasts.
And as of 2020, Netflix had over 195 million subscribers, in accordance to Statista. Clearly, they broke even on 'House of Cards' and carried out what they'd discovered to new displays. Now, Netflix has countless "Original" displays and films, with new content material rolling out all the time.
Sure, Netflix nonetheless maintains relationships with several studios, however in this day and age, $100M is not anything, whether or not that's the cost of generating a couple of seasons of a display or purchasing the rights to some other corporate's already-successful display. That said, Netflix has a pretty ambitious lineup coming for 2021, and it is a star-studded listing that's well well worth the definitely expensive bill they'll be getting!
ncG1vNJzZmivp6x7tbTErZ%2Bippeoe6S7zGifqK9dosKktIydoJ1lmKTCtLGMqJ1mm5GnsbR5wqiqrWc%3D