Netflix wants to spend close to $3 billion on content in 2014, which is why the company is raising additional debt.
New York filmmaker Uncommon Content is producing half-hour Web shows that it’s betting will get picked up by networks and become mainstream fare.
The new Washington Post service will feature more than 30 hours of programming per month beginning in summer 2013. Viewers will be able to watch as individual clips or complete shows on desktop and mobile devices. The content will also be available on selected connected TV devices.
Fueled by a wave of investment from Silicon Valley’s deepest pockets, Hollywood players are lining up to create original online shows. Tom Hanks vs. piano-playing cats. For veterans of TV networks and movie studios, the Web beckons as a creative playground, unhindered by studio control and the threat of swift cancellation.