What's Happening?
Netflix is in advanced negotiations with Lionsgate to secure global rights for a Season 2 renewal of 'The Hunting Wives'. The show has been a surprise hit in the U.S., consistently ranking in Netflix's Top 10. Originally launched on Netflix as part of a U.S. licensing deal, the series has yet to roll out internationally due to ongoing negotiations. Lionsgate aims to convert the series into a Netflix original, requiring global rights, which involves renegotiating existing deals with local buyers.
Why It's Important?
Securing global rights for 'The Hunting Wives' would allow Netflix to expand its international content library, potentially increasing its subscriber base. The show's success in the U.S. indicates strong viewer interest, which could translate well globally. For Lionsgate, a successful negotiation would mean another long-running hit, boosting its TV production portfolio. This move reflects the growing trend of streaming platforms seeking exclusive global content to enhance competitiveness.
What's Next?
If negotiations are successful, 'The Hunting Wives' could see a global rollout, expanding its audience reach. Netflix and Lionsgate are motivated to finalize the deal, given the show's unexpected popularity. A renewal announcement is anticipated soon, which would set the stage for international marketing and distribution strategies. Fans can expect more updates on the show's availability in their regions.
