As a huge fan of Arrested Development, this is music to my ears (while I work at the Banana Stand). Bloomberg are reporting that Netflix and the production company behind Arrested Development, Imagine Entertainment, are negotiating for a fifth season of the cult TV show.
Reed Hastings, Netflix's CEO, said earlier in the year that it's not surprising that the company would bring the show back for a fifth season. Netflix have had great success by developing a new, unique and most of all, refreshing model for TV distribution. This is where they offer the entire season up front so that users can watch it at their own pace, or sit down and watch it in one setting.
Netflix's most popular show, something I finished watching last week and positively loved, House of Cards, was a huge hit for the company earning back their $100 million investment in just a few weeks time.