Netflix to double investment in original content

21 October 2013Television

From the Netflix third quarter letter to shareholders:

In 2014, we expect to double our investment in original content (though still representing less than 10% of our overall global content expense). Coming to Netflix next year will be second seasons of House of Cards, Orange is the New Black, Derek and Hemlock Grove as well as the just announced project from Todd and Glenn Kessler and Daniel Zelman, the Emmy and Golden Globe nominated creators of Damages. We’ll also roll out a number of new animated series from DreamWorks Animation.

Looks like Netflix is pretty happy with the quality and results of their original content investments.