With other services on the way, the folks at Netflix are looking to stay competitive.
Netflix is at the top of the heap when it comes to streaming services, but there are plenty of others waiting to take its place. The one with the most exposure currently is Hulu Plus, which is aiming to take the crown with its selection of current television shows.
Netflix wants to stay at the top, and is attempting to add brand new shows to the lineup. According to the New York Post, Netflix is willing to shell out between $70,000 and $100,000 for new shows. That's not per show – that's per episode.
That's an eye opener for two reasons. First, it shows just how much Netflix is willing to spend to keep their subscriber base high. Second, it shows just how much money there is to be made streaming content. If Netflix is able to secure more shows, they could make Hulu a thing of the past.
Source: New York Post