Netflix to Pay $1 Mill an Episode to Stream Mad Men

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Those vintage suits aren’t cheap–Netflix’s plans to add AMC costume drama Mad Men to its streaming offering will costs the movie service somewhere between $75 and $100 million according to unnamed sources at The Wall Street Journal. That number works out to mind boggling $1 million an episode.

The first four seasons of the show are set to hit Netflix mid-July. After season five finishes airing in 2012, it will hit the service–as will the recently announced seasons six and seven.

The deal with Lions Gate marks the latest in a handful of signings for Netflix. The service also recently struck a deal with Miramax, which will bring movies like Pulp Fiction to the site. Netflix is also said to be in discussions with NBCUniversal.

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