Netflix May Be Losing Their Exclusive Rights to Their Most Popular Shows Like FRIENDS and THE OFFICE

While Netflix has kind of had the market cornered for the last number of years on many of their popular series, the world of streaming has grown larger, as many of the biggest networks have decided to branch out into the world of streaming services. Disney+ is set to launch in November, which consequently put an end to the Marvel shows that have been big hits for Netflix. And now we are hearing talk of NBCUniversal’s streaming service, as well as WarnerMedia and others.

According to a report for the Wall Street Journal, NBCUniversal, WarnerMedia, and Disney are responsible for almost 40% of the content that is viewed on Netflix. The library content that is not Netflix originals is 72% of what makes up the viewing minutes. And “eight of the ten shows that people spent the most time watching on Netflix were episodes of hit shows like The Office, Friends, Parks and Recreation, and Grey’s Anatomy. In fact, The Office alone accounted for nearly 3% of Netflix’s viewing in the US last year, which was around 52 billion minutes.”

Disney has already made it clear that they are leaving and taking all their shows and movies with them, which they frankly have the power to do because of the sheer amount of content that viewers are driven to. But other studios may not be able to convince viewers to sign on just by promising a series that people can catch in syndication or watch on DVD, so that may be where exclusive rights are dropped, and shared rights come in to make it possible for fans to still be able to see their favorites on their favorite stream.

What do you think? Would you stick with Netflix based only upon their original content and movie library? Do you think another company has the catalog to sustain a whole streaming service?