The Holiday Armadillo has granted Canadians the greatest wish of all: Friends will still be there for you until 2020. That means fans have only a few more weeks - until New Year's Eve at 11:59pm, to be precise - to binge-watch all 236 episodes of Friends before it's yanked from Netflix's catalogue of shows. Well we now have some more clarity on what, exactly, is going on, and how long you can expect Friends to be there for you.
With winter in full swing in Canada, there's no better time to curl up and start re-watching all ten seasons for the 50th time.
Apparently, Netflix previously paid $30 million a year to keep the show on the service. After 2019, WarnerMedia has an option to put Friends on its own streaming service either exclusively or in a shared deal with Netflix-meaning Friends might be available on two streaming services at once.
The initial rumours of the departure of "Friends" occurred just a few months after Warner Media revealed that it has plans to launch its own streaming platform. The show, which originally aired on NBC from 1994-2004, was produced by Warner Bros. Netflix, after all, pays a hefty sum for the licensing rights to Friends, which is a top performer on the service. As of 2015, the show was bringing in $1 billion every year from syndication, with stars Jennifer Aniston, Courteney Cox, Matt LeBlanc, Lisa Kudrow, David Schwimmer, and Matthew Perry making $20 million a year from that based on their 2 percent share of syndication revenue, according to USA Today.
With AT&T's WarnerMedia, the content company that owns the rights to Friends, set to launch its own direct-to-consumer streaming service late next year, Netflix's exclusive Friends streaming rights may soon be adjusted.