Typing Faster

April 6, 2011

The Times They Are A Changing…

Filed under: Future of TV, Mad Men, Netflix — petertypingfaster @ 5:13 pm

So here’s a story that blew my mind a little bit: Netflix just bought the rerun rights to Mad Men.

Netflix, in a sign of its growing importance in television, will become Don Draper’s second home.

The home entertainment company has bought the rerun rights to the TV series Mad Men, making its online streaming service the next place to watch episodes after the show’s initial airing on cable network AMC.

So what did they give up to secure these rights?

Netflix will pay Mad Men producer Lionsgate between $750,000 and $900,000 per episode (dollar figures U.S.), according to people familiar with the situation.

That’s a nice chunk of change.

This follows on the heels of Netflix’s decision to get into the original programming racket with David Fincher’s House of Cards.

If all these moves pan out, Netflix is going to be an even bigger mover and shaker than they already are. Exciting times indeed.

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