If you don’t currently subscribe to Netflix, chances are you know someone who does. The streaming subscription service has been changing the industry by producing their own original series, which have been quite successful thus far. It is rumored that Netflix is in the closing stages of a $90 million film deal, called Bright, that will star Will Smith.
Netflix hopes that producing the pricey film will get the number of subscribers up. The streaming service doesn’t screen their original works anywhere else, other than their site. Last year, the company spent $60 million on an Adam Sandler original, The Ridiculous Six, that ended up being their most streamed movie.
Netflix is proving that the money spent on original produced content is paying off. The deal isn’t sealed quite yet, but with their track record it’s looking promising. You can read more on the story here.