Although Netflix has been in trouble lately when it comes to earnings and stock price, the company is still moving forward when it comes to leading the way in the world of television and movie streaming. Netflix is working with various production companies to make sure that they are going to have some of their own original television programs to compete with other services on the market. With HBO coming up with their own streaming service, Netflix needs to make sure that they have some unique shows that will prevent Netflix subscribers from making the switch.
HBO is well known for their critically acclaimed series over the past few decades, including the Sopranos, Curb Your Enthusiasm and Boardwalk Empire. This cable station seems to have the ability to produce on hit television shows on a weekly basis, so Netflix is definitely going to have some work to do.
One of the shows that Netflix wants to premier in the near future is “Lilyhammer”. This will be a show made for people who like anything related to the gangster lifestyle because it is about a former mobster who moves to Norway to start a new life. Netflix is saying that this is one of the shows that will allow them to compete with the similarly themed shows on HBO.
The point is Netflix needs to make some kind of change to their business model in the near future because they are starting to fall behind. Original programming is definitely a move in the right direction because it gives them something that people will not be able to see anywhere else. This is the main threat that comes from HBO’s new on demand service because they have not sold the rights to their shows to either Netflix or Hulu. As Netflix continues to transition from a mail order DVD service to an instant streaming service only available on the Internet, a few original series are definitely going to be able to make a positive impact over time.
Other series such as “House of Cards,” starring Kevin Spacey, and the former Fox show “Arrested Development” should also be able to bring some new viewers to Netflix. As long as they continue to add more programs that are completely original, they should start seeing their numbers get back to where they used to be. They will be taking a hit from new services being released right now, but these original shows should help them weather the storm.