News

Netflix scores new shows from Disney’s Marvel

Netflix scores new shows from Disney’s Marvel

NETFLIX IS AT IT AGAIN: The video-on-demand service is expanding its original programming. Photo: Associated Press

By Liana B. Baker

(Reuters) – Netflix is ramping up its original programming lineup with four new television series and one miniseries from Disney’s Marvel unit, known for its success with “The Avengers” franchise based on super hero comic books.

This is latest bid by the Internet movie and TV show streaming service to lure subscribers with original programming. Its success with series such as political satire “House of Cards” and dark prison comedy “Orange is the New Black” helped its customer base rise to 31.1 million U.S. streaming subscribers last quarter.

The deal with Marvel will start in 2015, the companies said in a press release and last “multiple years.” Each of the four series will focus on Marvel characters, “Daredevil,” “Jessica Jones”, “Iron Fist” and “Luke Cage.”

Netflix and Marvel were unavailable for comment on financial details on Thursday.

Marvel has committed to a minimum of four 13-episode series and has also agreed to make a mini-series called “The Defenders.”

The series will be produced by Marvel Television and ABC Television Studios. Marvel currently produces a show called “Marvel’s Agents of S.H.I.E.L.D.” for ABC.

Netflix has said it will double investments in original programming in 2014, when it will air second seasons of both “House of Cards” and “Orange is the New Black.” Spending on original shows is expected to remain below 10 percent of its global content expenses.

This is Disney’s second high profile tie-up with Netflix. Last December, Disney became the first major studio to choose Netflix over cable TV networks for a large-scale movie licensing deal that will bring live and animated Disney, Pixar, Marvel Comics and Lucasfilm movies to the service starting in 2016.

Netflix shares rose $3.37 or 1 percent to $339.00 per share, while Disney shares fell 49 cents or 0.7 percent to $68.48 per share.

Recent Headlines

in Music

Is your favorite artist ‘smart’ or ‘stupid?’

Fresh
beethovenlilwayne

Can your listening habits actually boost your brain power?

in Entertainment

My Little Pony coming to the big screen

Fresh
mylittlepony

The tiny ponies are coming to big screen, and are set to make their movie debut in 2017.

in Music

McCartney debuts Wings song featuring Led Zep drummer

Fresh
paulmccartney

Fans can download a previously unreleased version of Wings' "Beware My Love" featuring late drummer John Bonham.

in Music

George Harrison’s childhood home sells for $249K

Fresh
georgeharrison

A Beatles fan from London is now the owner of the guitarist's former home, where he rehearsed with his bandmates before they found fame.

in Music

Ariana Grande, Meghan Trainor to appear at CMAs

ariana

The singers are bringing a little pop to the 48th annual Country Music Awards, performing with Little Big Town and Miranda Lambert.