-
Deadline reports Netflix (NFLX +0.4%) has landed the rights for popular NBC crime drama The Blacklist from Sony for the steep price of $2M/episode.
- The site notes the deal is believed to be the most lucrative subscription VOD agreement ever for a TV series. Season 1 will reportedly be available next weekend.
- Netflix had $7.7B in streaming content obligations at the end of Q2, up $600M Q/Q. The company has admitted seeing a competitive bidding environment for content deals, as Hulu and (especially) Amazon show a willingness to pay high prices for popular material.
- Amazon inked a multi-year deal with HBO in April. It reportedly involved a $300M+ price tag.