Netflix Is Paying Warner Bros. $100M For ‘Friends’ To Stream Through 2019

Netflix is keeping Friends on its streaming service for a while longer. 
Netflix reportedly paid roughly $100 million to keep the beloved show for another year, according to The New York Times.Yes, that’s an enormous amount of money but it’s only a small fraction of the estimated $12-13 billion the streaming giant is using to create content in 2018 alone, according to The Economist.The Times also reports that in previous years, Netflix only paid $30 million for the streaming rights to the popular sitcom. So why the big jump in price? One easy reason to point to is the public outcry that erupted over the weekend and into Monday when fans everywhere discovered that the show would be yanked from Netflix at the end of December. So, although Friends went off the air in 2004, it obviously retains a devoted fanbase.

The streaming service squashed any remaining doubt with a tweet assuring fans that Friends isn’t going anywhere anytime soon.

Written By: Tommy Lightfoot Garrett
Photographs are Courtesy:  Warner Bros.
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