According to the Wall Street Journal, shows created by their soon-to-be competitors account for 40% of the viewing time on Netflix.
So, not only the loss of high-profile sit-coms “Friends” and “The Office,” but others like “NCIS,” “Grey’s Anatomy” and “Shameless,” will likely be leaving the streamer as Disney+, HBOMax and CBS AllAccess open for business and/or gain steam.
On the plus side, Netflix will not be paying large licensing fees for these shows, but on the negative, it will be facing pressure to maintain loyal subscribers (who love those characters) with new programs.
IMHO, notwithstanding Netflix’s much touted algorithm that is supposed to find new shows that you will like, it’s almost impossible to figure out what’s available, who’s in them and what they are about. And the loud previews that start automatically as you scroll through the listings are annoying as hell.
Looks like the future may be cable television. ;>)