Netflix pays $100 million to keep ‘Friends’ streaming through 2019

Netflix has now removed that expiration notice from its website.

And so do I care if Friends is shown on Netflix and on a Warner Media SVOD service? Today, those fears were assuaged when Netflix revealed that the series would stay on the platform through 2019. "We don't have to spend another $11 billion to rival Netflix", he said.

In a statement posted on Twitter, Netflix confirmed Friends will remain available to stream in the U.S. through the end of 2019. If you're a fan, New Year's Eve will be the last day you can binge-watch "Friends", until it eventually lands on another streaming service.

The folks at Business Insider relayed the news, citing the adored sitcom's page Netflix, which reads that it will only be available to stream in the US until the first of the year.

It will likely be included in AT&T's upcoming streaming service.

As THR reminds us, Friends is expected to leave Netflix and join rights-holder WarnerMedia's own streaming service sometime down the road.

Friends is owned by Warner Bros.

We'll be sure to let you know more about the future of the series on Netflix!

Protesting to keep Friends on Netflix is futile, because Friends' exit is a cold, hard business decision. Netflix paid $100 million to keep Friends on, but only for another year. But given the growing competition in streaming-Apple is also getting into the game, and Netflix and Amazon are upping their content spending-it's curious that WarnerMedia doesn't want to differentiate itself more emphatically with TV shows and movies that can only be seen in one place. AT&T is due to launch its own Warner-branded streamer in Q4, 2019 and so is Disney, which is causing a landgrab for content. "So, guess I'll be binging 10 seasons of Friends this month". No wonder Netflix subscribers went nuts after receiving this news.

Vanessa Coleman

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