Netflix orders season 2 of 'Orange is the New Black'

Netflix (Nasdaq: NFLX) has signed off on a second season of its newest original series, "Orange is the New Black," before the first season premiers on July 11. The online video provider is taking a risk in funneling this much money into a project without being able to gauge audiences' initial reactions, but it has had similar success before: Political thriller and original series "House of Cards" was also renewed for a second season before it debuted. Read more

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