"We've found people love the idea of getting lost in a series, " says Sarandos.
"We live online and we want to own the hard-core fans, " says Sarandos, explaining why they targeted the show.
"Netflix is thrilled to enter into this deal with the new team at Miramax, " said Netflix Chief Content Officer Ted Sarandos.
ENGADGET: Netflix seals deal to stream Miramax movies, starting in June
"In 1999, mainstreaming the viewing of independent film was important, " says Sarandos.
Sarandos also noted that since Fox owns the property, even the next episodes will eventually make their way out on DVD, onto iTunes, etc.
"Andy and Lana Wachowski and Joe Straczynski are among the most imaginative writers and gifted visual storytellers of our time, " said Netflix chief content officer Ted Sarandos.
ENGADGET: Netflix signs up The Matrix, Babylon 5 creators to develop a new sci-fi series: Sense8
"BBC shows are a big favourite of our over 20 million streaming members in the U.S., Canada and Latin America, " said Ted Sarandos, Netflix chief content officer.
Sarandos stopped short of telling Mossberg that Netflix is indeed going to consider itself a production company, but it's clear that the company is enjoying the experiment.
"We are delighted to be extending our relationship again with TWC, incorporating the cutting edge and crowd-pleasing movies distributed by RADiUS, " said Netflix chief content officer Ted Sarandos.
"The creative team in front of and behind the camera have delivered a riveting 13-chapter narrative that we're proud to present to Netflix members today, " said Ted Sarandos, Chief Content Officer, Netflix.
ENGADGET: Netflix now streaming 'House of Cards' season premiere at no cost, hopes you get hooked
"We are delighted that Netflix will become the exclusive over-the-top streaming subscription destination for past seasons of favorite Cartoon Network and Adult Swim titles, " said Ted Sarandos, Chief Content Officer of Netflix.
ENGADGET: Netflix lands deal for Turner and Warner Bros. TV series beginning in March
Sarandos affirmed that Netflix is paying all of the parties involved "network-level money, " and both he and Hurwitz stated that these next episodes will truly be written by fans of the show.
"Arrested Development is one of the finest American comedies in TV history and we are incredibly excited to bring it back for British and Irish fans, " said Ted Sarandos, Netflix Chief Content Officer.
"This agreement adds meaningfully to the wide variety of content that can be streamed from Netflix and breaks new ground in our relationship with NBC Universal, " said Ted Sarandos, chief content officer for Netflix.
That said, we can agree with both Sarandos and BitTorrent as they more or less agree with each other: Users with legitimate access to the content they want will generally use that access instead of using tools like BitTorrent for piracy.
FORBES: Netflix: "We Kill Piracy!"; BitTorrent: "Yeah, So, About That Piracy Thing?"
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