Wednesday, March 09, 2022

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In 2013, Netflix began producing original content of its own, a risky and expensive proposition.6 At a time when the networks generally approved shows based on pilots that hit certain metrics, Netflix offered series producers and showrunners upfront contracts to create an entire season or two.7 Soon, many of the most critically acclaimed and talked-about new series came out on Netflix instead of from the established networks, including "House of Cards," "Orange Is the New Black" and "The Crown."8 By creating a loyal fan base, original content has been a key source of Netflix's success and the appreciation of its stock price.

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