It's a whole new ball game for Netflix, looks like they are going to compete directly against the big boys. From Netflix Blog
Netflix's Ted Sarandos explains:
We’re delighted to tell you that in late 2012 Netflix will be bringing to our members in the U.S. and Canada exclusively “House of Cards,” the much-anticipated television series and political thriller from Executive Producer David Fincher and starring Kevin Spacey. We’ve committed to at least 26 episodes of the serialized drama, which is based on a BBC mini-series from the 1990s that’s been a favorite of Netflix members.