A new study shared byVariety, has revealed that in reality, Netflix are only fifth on a list of the highest cancelation rates across all streaming companies. As part of the study, it was concluded that the average rate of cancelation across all streamers is 12.2%, and Netflix’s own rate is only 10.2%, below the average! So the question then becomes, who does top the table?
From fifth position of Netflix, the rest of top five consists of Hulu in fourth place with 15.2%, Paramount+ in third with 16.9% and Disney+ with a huge 21.1%. Higher still, and sitting top of the heap, is none other thanMax, the former HBO Max, which is probably should not be that surprising considering the almighty list of casualties as a result of the Warner Bros. and Discovery merger. The amalgamation of the two giants saw many Max projects being dropped, including the highly publicized andcriticized scrapping of the Batgirl movieand many other DC projects. Recently, the list of canceled shows on the platform has continued to grow, with the likes of The Idol, Genera+ion, and Gossip Girl all being ended in the last few months.
Related:Why Congress Is Upset at Warner Bros. for Canceling Batgirl
Disney+ Could Become the Cancelation King
While Netflix’s reputation for cancelation is the stuff of legend, the fact that they are actually canceling less than the industry average will come as a shock to many. However what may not be quite so surprising is the position of Disney+, as the platform has recently been shedding a lot of dead weight including the likes of Willow, Big Shot and The Mighty Ducks: Game Changers, as well as in production shows likeThe Spiderwick Chroniclesand Nautilus.
Currently,Bob Iger is in cost-cutting mode himselfat the House of Mouse, so it is likely that Disney+ and Hulu will both be undergoing the kind of transformation that led to Max beating out the competition in this survey. With Disney+ already biting at their heels for the no-so-prestigious title, it seems that Max’s reign at the top of this particular chart could be a short-lived one.
Of course, the biggest news to come from the study is that hard-to-believe statistic that Netflix actually has a long way to go before it has anything to worry about inthe level of cancelationsthey have to their name. Even though they seem to have a knack for getting social media riled up about the shows they do cancel, perhaps that just goes to prove that Netflix has the unfortunate approach of canceling shows that people actually do care about.
