‘The Office’ to leave Netflix as streaming battles heat up
5 years, 6 months ago

‘The Office’ to leave Netflix as streaming battles heat up

Associated Press  

NEW YORK — Netflix is losing its most popular TV show, “The Office,” in a sign of things to come as more TV and movie makers start their own streaming services and take back their offerings. Although Netflix has been emphasizing original shows and movies, previously televised shows such as “The Office” are still popular, especially as people abandon traditional pay TV providers like cable and rely on streaming for such shows. Experts say the new services, except perhaps Disney’s, are not likely to draw the numbers that Netflix has spent years building, as consumers suffer streaming fatigue. “The buy in for being meaningful is $5 billion, and that’s just the buy in.” Netflix, for example, spent $12 billion on content in 2018, although that includes original and non-original programming.

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