• "13 Reasons Why" Season 2 is officially happening.

"13 Reasons Why" Season 2 is officially happening. (Photo : Getty Images/Pascal Le Segretain)

Netflix has been campaigning for original programming for quite a while now. To make it happen, the subscription streaming service has been launching original content at super-fast rates. In 2017, Netflix has already confirmed 16 new original shows. While this may be exciting to a lot of fans, considering Netflix has never failed at delivering quality, original content, it also has its downside.

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One of the highly-awaited Netflix originals shows in 2017 is "A Series of Unfortunate Events," which is based on the original tale from Lemony Snicket. Netflix's re-imagination of the book stars Neil Patrick Harris as the villain Count Olaf. As per Entertainment Weekly, Malina Weissman ("Supergirl") and Louis Hynes will play the Baudelaire siblings. "A Series of Unfortunate Events" will be out on Jan. 13.

Following the success of "Daredevil," "Jessica Jones" and the most recent Marvel outing "Luke Cage," Netflix is releasing two more Marvel titles in 2017. Out on March 17 is "Iron Fist," which stars Finn Jones in the lead role as Danny Rand a.k.a Iron Fist. "The Defenders" will follow in the latter part of the year. The show will bring together Daredevil (Charlie Cox), Jessica Jones (Krysten Ritter), Luke Cage (Mike Colter) and Iron Fist (Jones) to fight the still-unnamed villain to be played by Sigourney Weaver, Deadline reported.

The other shows coming to Netflix in 2017 include Jason Momoa's historical drama "Frontier," which is based on the power struggle in the North American fur trade in the late 18th century.

"13 Reasons Why," based on the young adult fiction written by Jay Asher, is also in the works with Dylan Minenette confirmed for the role of Clay. The series will be co-produced by Selena Gomez and "Spotlight" director Tom McCarthy.

"El Chapo" is another action thriller based on the life story of notorious Mexican drug kingpin Joaquin Guzman.

All the titles on Netflix 2017 repertoire has gotten fans excited for the year to come, but it also poses one big problem for subscribers. With Netflix using a huge chunk of its budget to produce original shows, the company will have less budget to buy licensed content deals in 2017. A licensed content deal simply means that Netflix can bring in programs that were not produced and originally aired on Netlflix for fee.