The desire of Netflix to acquire more original programming such as the political drama "House of Cards" could mean bad news for Hollywood, which has come to count on the company as a good customer and a steady source of revenue.
Netflix Chief Executive Reed Hastings noted Monday that some of the company's big content deals didn't work out as planned. Many shows Netflix got rights to ended up having little appeal to its subscribers.
"Many of our earliest deals were with networks and cable networks and included some shows that have not proven successful," Hastings said.
So going forward, Netflix will be a little more picky about what it buys, and some analysts are warning that this could hurt TV producers.