updated 10:25 am EST, Thu March 8, 2012
Netflix may take up discarded Fox show
Netflix may take its strategy of focusing on self-produced content to a new stage by snapping up the Fox TV show Terra Nova, an insider found late Wednesday. The Internet streaming service was said by The Hollywood Reporter to be taking advantage of Fox's decision to shop around the sci-fi series to other networks after its first season. Talks were early, and it wasn't clear how much of a frontrunner Netflix might be.
The show is potentially an ideal fit for Netflix. While Fox was looking to drop it, the studio's president Kevin Reilly had said Terra Nova was a "worthwhile" bet and characterized it more as a virtue of how the series stood next to other projects it wanted to develop. Ratings that would theoretically be low for a free-to-air or basic cable network like Fox, which averaged at 7.5 million, would be more than adequate for Netflix, which has less costs.
Obstacles would primarily center around getting access to cast members, who may be committed to other projects.
If successful, it would represent the fourth show that would be directly produced by Netflix, following the already-active Lilyhammer, the reborn Arrested Development, and the upcoming Kevin Spacey series House of Cards. Netflix has been keen to get away from depending solely on movies and established TV shows for its business, as the major studios are often hostile and impose delays or content restrictions meant to shelter their legacy broadcast, rental, and sale businesses from competition.