Nearly half of UK households say that they would struggle to cope if their monthly outgoings rose by £99. We look at how you can create some financial 'breathing space' to help you out if you lose your job or become ill.
Netflix delves into TV production
Netflix is looking to commission original scripts and book adaptations
Online film rental service Netflix is reportedly planning to step up its battle with satellite broadcaster BSkyB by commissioning original scripts and book adaptations.
Netflix has acquired the rights to adapt Brian McGreevy's novel Hemlock Grove and Piper Kerman's account of life inside a women's prison, Orange Is The New Black, as the basis for new television series, The Sunday Telegraph said.
The move is similar to BSkyB's set-up, in which acquisitions of US films and television series are supplemented by commissioned series, with the broadcaster pledging to spend £600 million a year on British productions by 2014.
Reed Hastings, chief executive of Netflix, said there is a team in place to commission content.
He told The Sunday Telegraph the company had already tested the market by becoming involved with some acquisitions without a full script, and that it would be "fully flexible" to secure the best content.
He said: "There is a continuum. At the most extreme case you're writing all your own scripts. The next layer up is that you're optioning books. It's good to have a portfolio of different things and we'd be open to doing that for the right projects."
Mr Hastings said Netflix would not pose a big threat to companies such as BSkyB in the long term, arguing that traditional broadcasting will become a thing of the past in 20 years, and that customers will buy Netflix on top of their BSkyB subscription.
Competition in the broadcast market has heated up this year, with the likes of BT and Virgin Media bolstering their services with acquired rights to Premiership football games and the recordable, on-demand TiVo service respectively.
related stories on msn
latest money videos
While Royal Mail showed an increase in yearly profits Marks and Spencer saw profits fall agaisnt last year's figures.
Date 19 hrs ago, Duration 1:51, Views 274
more on msn money
msn money poll
When did you last switch your current account?
Thanks for being one of the first people to vote. Results will be available soon. Check for results
- In the last six months
- In the last year
- In the last two years
- In the last three years
- In the last five years
- 74 %I have never switched current accounts