Netflix Only Broadcasting One New Season Of 'Arrested Development'
Reported by Outsiders - 2013.02.25
During a conference call on Monday, Netflix CEO Reed Hastings informed investors that the company will only broadcast one new season of the cult comedy series. The Mitch Hurwitz-run show, which stars Jason Bateman, Will Arnett and Jeffrey Tambor, will stream 14 episodes on the service this spring.
"Arrested is a unique property, we donít anticipate being able to do season five, six and seven," Hastings said. "We have less of a stake in it. It is really a fantastic one-off, which is coming together incredibly. I think it will be amazing for us, but think of it as a nonrepeatable amazing, whereas the other thing that we are doing is to trying to figure out a real mechanism where we can build shows and develop franchises over the long term. In that way, Arrested Development is a wildly successful tactic, as opposed to fundamental to the strategy."