Netflix Announces Another Blockbuster (NASDAQ: NFLX) (PINK:BLOAQ)

NEW YORK - Netflix has announced a deal with Lions Gate, which will see it pay the company $100 million. The company also recently announced a deal for $100 to air the new television series the “House of Cards.”

Netflix’s has acquired a large amount of content over the past two years. Netflix’s signed a deal with Epix Studios in August for $180 million a year, which includes old and new movie titles. Netflix signed a deal with Relativity Media for over $100 million a year, and includes newer movie titles, but they are mostly seen as B movies. The deal with with Disney in December will see it pay $200 million. The deal includes prior seasons of some shows currently airing on television, and other cancelled shows. Netflix currently pays $80 million a year for all its other content not listed above. Its content deal with Starz expires at the end of 2011 and this cost will likely increase to at least $300 million or more.

Netflix's content library will cost at least $940 million in 2012 from $300 million in 2010.

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