Netflix series to star Kevin Spacey

Mar 19, 2011
Actor Kevin Spacey arrives at the 63rd Annual Directors Guild Of America Awards on January 2011 in Hollywood, California. Netflix, which has become a US video giant streaming movies and TV shows, is getting behind a series of its own starring Oscar-winner Spacey as an ambitious US politician.

Netflix, which has become a US video giant streaming movies and TV shows, is getting behind a series of its own starring Oscar-winner Kevin Spacey as an ambitious US politician.

David Fincher, who was nominated for an Oscar for his Facebook movie "The Social Network," will be the executive producer of the political thriller "House of Cards," Netflix's first foray into original programming.

Ted Sarandos, Netflix's chief content officer, said in a blog post that the will be available in late 2012 to members in the United States and Canada.

"We've committed to at least 26 episodes of the serialized drama," he said, which will be "the first exclusive TV series to originate on Netflix."

"While we aren't producing the show and don't own it, we are agreeing to license it before it is successfully produced," Sarandos said.

"We think 'House of Cards' will become a big hit among Netflix members and thus, represents a manageable risk," he said, adding that the company may back other exclusive series in the future.

Sarandos said "House of Cards" is based on a BBC mini-series from the 1990s that "explores the ruthless underside of British politics at the end of the Thatcher era" and has been reset in the United States.

Spacey, who won Oscars for "The Usual Suspects" and "American Beauty," will play "an ambitious politician with his eye on the top job," Sarandos said.

Fincher, who was also nominated for an Oscar for "The Curious Case of Benjamin Button," will direct the pilot.

Market research firm NPD said this week that Netflix enjoys a commanding 61 percent share of the US market for digital movies streamed into the home or downloaded over the Internet.

Entertainment and cable giant was next with an eight percent share of the market followed by DirecTV, , and Apple with four percent each, NPD said.

Netflix shares lost 2.10 percent to $209.40 on Wall Street on Friday.

The Los Gatos, California-based Netflix is available in the United States and Canada with members paying a flat monthly fee for the service. It has 20 million subscribers in the United States and Canada.

Explore further: News Corp. to buy Move Inc. for about $950 million

add to favorites email to friend print save as pdf

Related Stories

Netflix shares surge on analyst call, research

Mar 15, 2011

Netflix shares soared on Wall Street on Tuesday as a financial analyst rated the US video company a buy and market research showed it trouncing its rivals in the home digital movie market.

NBC shows to stream on Netflix

Sep 27, 2010

Netflix has reached a deal with NBC Universal to put "Saturday Night Live," "30 Rock," "Friday Night Lights," "Battlestar Galactica," "Monk" and other TV shows on its online instant streaming service, the companies announced ...

Amazon buys European movie rental service Lovefilm

Jan 20, 2011

(AP) -- Amazon.com Inc. is buying Lovefilm, a European movie rental service akin to Netflix Inc. The deal announced Thursday heralds Amazon's entrance into a market where Netflix doesn't yet do business, and it left analysts ...

Recommended for you

What's PayPal's first solo move?

11 hours ago

PayPal's impending split from long-time partner eBay Inc. will ratchet up its appeal to online retail competitors such as Amazon.com and give it the freedom to aggressively take on new mobile pay challeng ...

AOL to feed more video, news to Microsoft's MSN

15 hours ago

AOL will provide Microsoft's MSN with more video and additional news stories from popular sites such as The Huffington Post and TechCrunch in an expansion of a deal aimed at selling more digital advertising.

Microsoft to tap $2-trillion Indian cloud market

20 hours ago

Microsoft announced plans Tuesday to offer its commercial cloud services from Indian data centres as it seeks to tap what it calls a $2-trillion market in the country where Internet use is growing rapidly.

User comments : 0