ParisLemon

Andrew Wallenstein of Variety reports on a panel featuring CAA TV literary agent Peter Micelli, who spoke about Netflix:

“The cheapest show is $3.8 million an episode,” Micelli told a crowd of more than 500 lawyers in the entertainment business. “‘House of Cards’ started at $4.5 million and (executive producer David) Fincher took it way above that.”

It ain’t cheap, but with Microsoft, Amazon, Redbox, Verizon, and others now getting into this game, there’s little question in my mind that this will be the future of television.