It's official: The folks at Dunder Mifflin are moving out. As hard as it is to hear, the beloved sitcom The Office is leaving Netflix. The streaming giant confirmed the news on Tuesday, June 25th, tweeting that The Office will remain in its content library until January 2021. Then, it's gone from Netflix for good.
Before you start sobbing into your "World's Best Boss" mugs, you should know that it's not all bad. Viewers who fell in love with The Office can still binge the series from the comfort of their own homes. They'll just have to do it on a different streaming platform. Starting in 2021, The Office will be available to watch on NBCUniversal's yet-to-release streaming service.
The Office's quirky cast of characters and its witty storylines have found a place in millions of viewers' hearts over the years. In 2018, Netflix subscribers spent more time watching The Office than any other television series available to stream on the platform, so as hard as the show's departure will be for viewers, it may be even harder for Netflix.
"That's what she said!”
The reason why The Office is leaving Netflix is because NBCUniversal, which owns the series, has decided to remove it from the steaming platform and bring it to its own service.
NBCUniversal previously licensed The Office to Netflix, but now that the series' current deal with the service is about to expire and NBCUniversal's yet-unnamed platform is expected to launch in the middle of 2020, it isn't advantageous for NBCUniversal to continue granting streaming rights to Netflix. According to The Hollywood Reporter, the company has secured exclusive domestic streaming rights for all nine seasons of The Office in a five-year deal, paying a staggering $100 million per year to stream it on its upcoming platform.
NBCUniversal executives are incredibly excited that The Office is shifting from Netflix to the impending streaming service, with the company's chairman of direct-to-consumer and digital enterprises Bonnie Hammer saying,
"The Office has become a staple of pop-culture and is a rare gem whose relevance continues to grow at a time when fans have more entertainment choices than ever before. We can't wait to welcome the gang from Dunder Mifflin to NBCUniversal's new streaming service." Keep watching the video to hear how the fans of The Office get some terrible news.
#TheOffice #Netflix
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