Netflix has started getting into bed with the cancellation reaper, killing shows on a big scale.
But is the demise of Sense8, Girlboss and The Get Down a sign of things to come? Stranger Things next?
While any show can be cancelled, the streaming company’s execs have brushed off the impact of recently axed TV shows, telling investors it needs to keep taking programming swings, while also touting its renewal rate as being far higher than traditional TV networks, per Variety:
“If you’re not failing, maybe you’re not trying hard enough,” chief content officer Ted Sarandos said on the company’s interview discussing second-quarter 2017 results.
Compared with the rest of the TV biz, Sarandos said, cancellations have been “novel” only for Netflix — saying that 93% of the streamer’s original series have been renewed. TV networks cancel one-third of their shows in the first season on the air, he said.
“When you have a very high hit ratio, you definitely want to keep second-guessing yourself even though you do [have a high renewal rate],” Sarandos said. He added, “The more shows we have, the more likely in absolute numbers that you’ll see cancellations, of course.”
Do you fear for the future of your Netflix addiction?