Netflix – a controversial statement by the new president of the platform about the cancellation of series

On January 19, Netflix founder Reed Hastings resigned as president of the streaming platform. His place was taken by the current COO, Greg Peters, and Ted Sarandos, who until now was the head of the streamer’s content. Upon taking up his new role, Peters said he would be cracking down on account sharing “more extensively” in the coming months. The change would limit the account to users from one household, rather than sharing it with multiple external users.
In turn, in the latest interview with Bloomberg, Ted Sarandos referred to the cancellation of series on the platform that cause great controversy. Recall that recently the production did not receive a new season 1899and the 2nd animation season Conspiracy corporation was canceled to the outcry of fans.
We’ve never canceled a successful show. Many of these shows were well-intentioned but appealed to a small audience with a very large budget. The key is that you must be able to speak to a small audience on a low budget and to a large audience on a large budget. If you do it right, you can do it indefinitely.
This type of management is rational, but focused solely on profit. Besides, it comes at the expense of a lot of high-quality production. Due to excessive budgets, viewers had to say goodbye to m.in. With GLOW if This is not OKbecause they weren’t popular enough.