Redbox And Xbox Live Want Original Programing To Compete With Netflix

Redbox And Xbox Live Want Original Programing To Compete With Netflix

By Russ Fischer/March 11, 2013 3:15 pm EST

A Variety report on a recent panel discussion at the UCLA Entertainment Symposium sheds some light both on Netflix’s success, and other companies’ aspirations.

CAA TV literary agent Peter Micelli estimated to the trade that Netflix is spending around $4m per episode for House of Cards and Hemlock Grove with another new show, Orange is the New Black, coming in just under that price per episode.

He also said,

And without giving out specifics, he said that the Verizon/Redbox streaming venture has been looking into creating programming opportunites. Taken together, that means that within a few years we might see a purely digital set of original content providers to rival traditional TV networks.