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Netflix hopes to have as many as 20 original series running in five years

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Netflix wants to be available everywhere within the next five years, with an even larger roster of home-grown media. In a conference yesterday, chief content officer Theodore Sarandos said the company hopes to have "as many as 20 original series" running alongside syndicated shows like Friends and original movies such as the sequel to Crouching Tiger, Hidden Dragon.

Sarandos explained that Netflix aims to premiere new content every two-and-a-half weeks or so. He was also quick to note that these shows won't necessarily cater to everyone, but would instead be intended for different segments of Netflix's viewership. The Netflix executive said that he doesn't feel compelled to see the next crop of shows perform as well as House of Cards and Orange is the New Black, adding that creating "shows for everybody all the time" is risky. "We're trying to create shows for the audience that will love it," he observed.