Netflix is killing it on the original content front, investing a staggering $8 billion into making its own films and TV shows this year alone. But now it could be eyeing a move into live news.
According to a report, Netflix is considering producing a traditional news show. A source has said the service has identified a space in the market for a politically neutral news broadcast. This would sit alongside Netflix's talk shows fronted by David Letterman and Joel McHale.
Presumably the aim is to counter the fake news that has proved so infectious of late. According to a recent study, fake news spreads much faster on Twitter than genuine stories, partly because of its sensationalist nature.
According to Ovum analyst Tony Gunnarsson, the move makes "perfect sense".
He goes on: "Let's not forget that the key thing that Netflix always looks for in its quest for original content is content that focusses on subjects that are perhaps less likely to be portrayed or discussed on traditional TV – whether political, sexual, gender or identity issues, futuristic and visual-stunning drama etc."
However, Netflix has so far resisted the lure of live sport, suggesting that it may prefer evergreen content that never goes out of date, regardless when viewers tune in.