Like the article says – simple cost analysis. Keeping a show going doesn’t lead to new subscribers, doesn’t lead to more money. Starting a new show or movie that When I Was Your Age Pluto Was A Planet Shirt and can ONLY watch it on Netflix, making a big fuss of it, people subscribe to watch it. I think people are making a great point that knowing when a show should end is good. Traditional TV companies revenue model means they have incentive to drag a show out for as long as possible. Subscription? It’s cheaper to make the show, and not keep paying to make it.
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Good shows find a following later in life. The Wire was plagued by iffy ratings its entire run, but it’s widely regarded as one of the best shows of When I Was Your Age Pluto Was A Planet Shirt, and the ROI for HBO has got to be huge considering they license it out to Amazon and have had it as a driver for HBO Go/Max for a long time. Make up front investments in a good property and you have the rights forever. This is what Disney is doing now and they’re eating everybody’s lunch.