From the years 1994 to 2004, people totally loved the American sitcom entitled Friends. It features the ensemble cast of Jennifer Aniston, Courtney Cox, Lisa Kudrow, Matt LeBlanc, Matthew Perry, and David Schwimmer. The show revolves around six friends who live in New York City and they had 10 seasons in total. People would think that once it was over, it would just be a part of their memories, but the truth is that millennials nowadays are actually bringing it back to the point that its cast is still making millions even if it was a project that they have done over a decade ago.
The Holiday Armadillo has granted your wish: “Friends” will still be there for you in the US throughout 2019 pic.twitter.com/Yd0VqRzk3r
— Netflix (@netflix) December 3, 2018
‘Friends’ on Netflix
Netflix has definitely changed the game when it comes to streaming media, that is because people no longer need to get DVDs in order to watch their favorite movies and television shows. All they have to do now is subscribe to Netflix so they can have access on every show. One of the most in-demand shows there has got to be Friends, one proof of that is how the company was willing to pay $80 million just to keep it on stream for two more years. Warner Bros. and Netflix made this deal not too long ago and die-hard fans cannot contain their excitement.
The show was supposed to expire this coming January 1st, so if they didn’t make the deal that would have simply meant that one of the most popular American sitcom will no longer be available on any platform. Some of the reports said that the $80 million deal was only for the year 2019 alone and it will be a total of over $100 million as time goes by. This was considered such a massive upgrade since WarnerMedia and Netflix only had a $30 million per year exclusive rights deal.
So that basically means that the company will be able to steam the show to Netflix’s rival streamers if they don’t make a deal with them once this coming year is over. It is also reported that negotiations between the two companies are still going on, but neither Netflix nor WarnerMedia made a comment regarding the decision. During the 46th Annual UBS Global Media and Communications Conference, CEO and AT&T Chairman Randall Stephenson, Netflix did re-sign with them over Friends, but it was more of a non-exclusive, which basically means that it can go out of the platform.
He stated that it was obviously very important for Netflix to make sure that they have the rights to stream and it was also such a significant decision to them. It was more than 4 years ago when they made the deal with Friends being on the line, but this time around it is one of the most-watched series on Netflix even if it is an old show.
Why Millennials Love ‘Friends’
One of the reasons why Netflix couldn’t simply let go of Friends has got to be because of the fact that most of the people who watch are young professionals nowadays or more commonly known as millennials. Millennials are in their childhood years when Friends were at its peak, now that they are adults, it is most likely that they are more into it since they could finally relate to the show more than anyone else.
It has become what they refer to as a go-to show for millennials because of how light and entertaining it can be. It makes people feel comfortable and makes them want to simply just relax on their couches. It is also a way of Millennials of feeling nostalgic about the old ways of dating. Phoebe didn’t meet Mike on Tinder, it may not be as digital as it is today but that’s precisely the point of it.
It is something that teenagers of today won’t be able to understand because the 90s to early 2000s are just way too similar and at the same time both are way too different to the 2010s. This is one of the main reasons why Netflix just can’t let go it, some may think it is just ridiculous to pay that much money for a show but if it is literally one of the most watched shows in your platform then you would know that it is definitely worth it.