An anonymous reader quotes a report from Insider: Netflix is killing its most interesting shows in their infancy and it could be the streaming giant’s downfall. In the seven years that Netflix has produced original content, the world of TV streaming has dramatically changed. Now Netflix is getting left behind in the race it started. Many of its unique and ambitious shows have been canceled before they could reach their full potential. And Netflix keeps churning out more shows each year, without replicating the breakout success of 2016’s “Stranger Things.”
Statements from executives have described the cancellations as the result of a cost analysis that tells Netflix a longer-running show won’t lead to new subscribers. Still, with syndicated shows such as “The Office” and “Friends” leaving its platform and a string of disappointing cancellations, including “Glow,” Netflix has set itself up for a disaster when it comes to its reputation as a TV-watcher’s must-have service. In 2020 alone, Netflix has canceled 18 original series. Of those, 14 had only one season. […] TV lovers in these fandoms can only be burned so many times before they stop investing. Why should a Netflix subscriber spend 10 hours watching a new show if there’s a decent chance they’ll never see it end?