Just found out Netflix paid $100 million to keep Friends for one more year

3 comments

3 Comments

Whoa, that's wild. I heard the streaming wars are getting crazy expensive, but that number is hard to even wrap my head around. Do you think it's actually worth it for them?

the_daniel1d ago

Netflix spent like $17 billion on content last year, so they clearly think the payoff is there. They're betting that having Must Watch shows keeps people from canceling, which saves them way more than the budget costs over time. Even with high churn, they just need to lock in enough diehards to offset the gamble.

matthewking1d ago

Ngl that $17 billion number still blows my mind every time I see it. Like imagine dropping that much cash on just one thing in a year. I get that they're trying to keep people hooked with big shows like Stranger Things or The Crown but that's still insane money. Honestly I wonder how many subscribers you actually need to lock in to make that math work out. They must be betting on a lot more than just a few diehards to cover that kind of expense.