“Netflix Series Spending Revealed”
In a UCLA Symposium on entertainment law a CAA literary agent revealed the programming costs for Netfilx. The movie and television streaming service, on original series. He stated that the film budget for the their shows had the lowest cost at $3.8 million. That House of Cards started at $4.5 million per episode before EP David Fincher escalated it above the figure.
The agent advised that the reason they pay such large amounts is that they acquire tv worldwide rights for four years. He went on to cite the television budget levels for other networks. He advised XBox was getting into the game as well as Amazon.