The streaming movie giant Netflix has just released it's 17th original series with "Daredevil," and the future is getting brighter with more competition appearing to loom on the horizon.

With its current reliance on titles from film studios and broadcast networks, media giants have been inching further and further into the Internet streaming domain, which will limit Netflix's licensing options. HBO has already launched their HBOgo service, which is now available without a cable subscription and supplies all of its original programming, among others that are licensed to the service.

Netflix has mostly relied on purchasing licensing rights to supply it's customers with their streaming service online, but now, as reported in the New York Times, it's plans for the future have taken a new direction.

Netflix has long held to the view that the Internet is going to replace television. That means that when the digital revolution hits, Reed Hastings (Netflix CEO) wants his company to be well-positioned to compete in the new digital age.

"We've had 80 years of linear TV, and it's been amazing, and in its day the fax machine was amazing," Hastings told The New York Times. "The next 20 years will be this transformation from linear TV to Internet TV."

In 2013, the hit drama "House of Cards" proved that the company can provide original, in-demand content to it's customers and still be able to serve the many different types of audiences that are watching.

Largely due to the release of these original series, Netflix has added 4.9 million subscribers in the first quarter of 2015 alone, which is a new record. That actually brings its total number of paid subscribers up to 59.6 million.

"Think about the simplistic equation: More good content equals more viewing, more viewing means more subscribers, more subscribers means money to spend on more programming, which means more subscribers," Rich Greenfield, an analyst with BTIG Research, told The New York Times.

According to The Hamilton Spectator, the company will own 20 or more of the original shows that debut on the streaming service. That, of course, will be a good thing when the revolution comes, given the fact that most networks will not sell licenses to their shows when they start competing with them for digital Internet market share.