As the streaming war continues, Netflix does its best Warner Bros. Discovery impression and cancels two completed projects
Netflix confirmed its dominance as the number-one streaming service a few days ago when Nielsen published the list of the most-watched series of 2022. However, the company continues to be in crisis, as most streaming platforms are beginning to take extreme measures.
Following the departure of its previous CEO, Reed Hastings, the company has two new leaders. Greg Peters and Ted Sarandos will be in charge of the future of Netflix, and with them will continue the big changes that have been implemented in the last few months, such as the impossibility of sharing passwords to attract more individual subscribers after a high loss when new streamers such as Disney and HBO Max arrived.
But that will not be all. After receiving harsh criticism for the cancelation of successful shows, Netflix is redoubling the bet and canceling not one but two films that were already finished, as Warner Discovery did with Batgirl. The titles are The Inheritance and House/Wife, which will be sold by their studios for other platforms to distribute (via THR).
Days ago, Ted Sarandos began his relationship with the Netflix audience on the wrong foot, declaring that the platform has never canceled a truly successful series:
"A lot of these shows were well-intended but talked to a very small audience on a very big budget. The key to it is you have to be able to talk to a small audience on a small budget and a large audience at a large budget. If you do that well, you can do that forever.”
Although he did not specify which productions he was referring to, fans of shows like Warrior Nun or 1899, from the creators of Dark, assumed that the recent victims of cancelations are included in the list Sarandos was referring to.
Despite having led the viewing top in many countries and the great reviews, at least in the case of Warrior Nun, which put it above many productions of the service, its continuity was stagnant for not reaching exorbitant numbers as shows like Wednesday, Monster: The Jeffrey Dahmer Story, or the already established Stranger Things, which led the ranking of the most viewed considering all platforms, did.
That is why, from now on, Netflix will focus on low-budget projects or productions that, despite their high cost, manage to exceed expectations, as Squid Game did at the time.
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