CEO Reed Hastings told investors he wasn't interested in "creative risks." But his company is betting a rumored $100 million for 26 episodes of a series no one has seen--based largely on "intuition" and the reputations of David Fincher and Kevin Spacey.
Netflix trumped Wall Street fears, with quarterly profit rising, and revenue increasing by 34% to $595.9 million. Most impressively, Netflix now boasts over 20 million subscribers--more than the total subscribers of premium channels Starz and Showtime.
It was only a matter of time. Dan Lyons, aka Fake Steve Jobs, is penning a comedy pilot about a tech mogul. Called iCON, the show has been commissioned by EPIX and will be directed by Larry Charles, the Seinfeld writer-producer who went on to direct Borat and Bruno.