Netflix walks away from "Terra Nova" deal

LOS ANGELES ( - "Terra Nova" dinosaurs will not be roaring again at Netflix.

Netflix negotiations to revive the troubled Steven Spielberg-produced drama -- canceled after one season by Fox earlier this month -- have broken down. 20th Century Fox Television, which produces the show, will continue to try and find a new home for the dino-drama, an individual familiar with the situation told TheWrap.

The series weathered numerous problems, including a ballooning budget to premiere in September. Earning respectable if not stellar ratings with its maiden episode, the series dropped off to a 2.2 rating/6 share with its December season finale. 20th Century Fox Television decided to shop the series to other networks following the cancellation at Fox.

Netflix has been beefing up its original programming lately, reviving the former Fox series "Arrested Development," as well as picking up the Steven Van Zandt series "Lilyhammer" and announcing plans to launch the Eli Roth horror series "Hemlock Grove," among other projects.

(Editing by Chris Michaud)

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