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Netflix funds its original shows differently than other TV networks when they sign a project, providing the money upfront and immediately ordering two seasons of most series. [419] It keeps licensing rights, which normally give production companies future revenue opportunities from syndication, merchandising, etc. [ 161 ] [ 420 ]
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Netflix, Inc. is an American media company founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California, and currently based in Los Gatos, California, with production offices and stages at the Los Angeles-based Hollywood studios (formerly Warner Brothers studios) and the Albuquerque Studios (formerly ABQ studios).