$100m for Netflix to keep streaming ‘Friends’


$100m for Netflix to keep streaming ‘Friends’

Going, going, going ... staying! Platform wisely backtracks on plans to ditch the timeless hit show

Caira Blignaut

There’s no denying that one of the most successful sitcoms to come out of the 90s is the hilarious and charming Friends, which follows the lives of six friends living in Manhattan.
People of all ages, including millennials who actually have no idea how big the Friends trend is but are watching it to see what the fuss is about, have jumped on to the bandwagon and for years have created a fan frenzy surrounding the show. The Friends Facebook page, which has just more than 20 million followers, speaks to its insane popularity.
In October 2018, Netflix announced that they would no longer be showing Friends on its video streaming services, but this announcement came with a perpetual state of panic and many fans were outraged that the gem of a sitcom would be coming to an end on the platform.
But there’s excellent news: Nextflix saw the panic and will now continue to air the show throughout 2019 in the US. It did come at a very steep price though: Netflix paid $100m to Warner Media to keep Friends on air. It had been paying $30m a year to stream the show.
The price may seem steep now, but Netlfix, in the long run, has done itself a favour because of the show’s huge fan base. It ran from 1994 to 2004 but is still immensely popular.
Netflix made the announcement that Friends WILL BE STAYING with a Ross meme.

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