'Terra Nova' Deal With Netflix Falls Through

Terra Nova Netflix Deal "Terra Nova" had one last gasp that could've saved it.  An online streaming deal's failure has choked it out, The Huffington Post reports.

Following its cancellation by FOX, rumors surfaced that the Steven Spielberg-produced drama about futuristic human coexisting with dinosaurs could find a new home producing and streaming new episodes streaming exclusively online via Netflix. After all, a similar deal resurrected a much more beloved FOX series that developed a cult following despite its cancellation: new "Arrested Development" development episodes begin streaming next year via the service.

It would've been through that same 20th Century Fox/Netflix relationship that breathed new life into "Arrested Development" that "Terra Nova" could've been saved, but sources have told The Hollywood Reporter that the deal has fallen through.

It more than likely comes back to money, and lack of a return on investment. The pilot alone cost between $10 million and $20 million to produce. TV Guide reports that producing subsequent episodes typically ran cost up to an average $4 million. In return, the show's 11-episode run last year averaged 7.5 million viewers and a 2.6 rating among the prized adults 18-49 years old demographic. Star Jason O'Mara already has a pilot deal set with CBS.

This one failed deal shouldn't be considered a huge blow struck against Netflix. In fact, the names attached to future original content bear promise. The streaming giant still has Steven Van Zandt's recently debuted exclusive series "Lilyhammer," as well as the upcoming Eli Roth project "Hemlock Grove", the forthcoming Kevin Spacey series "House Of Cards" and "Weeds" creator Jenji Kohan's developing project.

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