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Deadline

In What May Be the Biggest SVOD Deal for a TV Series, Netflix Ponies up $2 Million per Episode for a Popular Drama

Aug 29, 2014  •  Post A Comment

This may be the biggest subscription video-on-demand deal yet for a television series: Netflix is paying $2 million per episode for the popular NBC drama “Blacklist,” writes Nellie Andreeva at Deadline.com.

“I hear Season 1 of the series starring James Spader will debut on the streaming service next weekend. As for future seasons, Netflix usually makes them available shortly after the season finales,” Andreeva writes.

While other streaming networks will sign joint syndication deals with cable networks, Netflix prefers deals that give it “first dibs,” the story notes. Studio Sony Pictures TV will have the right to sell “Blacklist” in cable and broadcast syndication, but Netflix will have an exclusive first window.

The deal is much bigger than the previous record holder, also struck by Netflix. In that case, the streaming service paid a reported $1.35 million per episode for “The Walking Dead.”

blacklist-title-spader

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