Here's Why Netflix Is Wrapping 'The Crown' | THR News - video Dailymotion

The streamer weighs a show's costs against its viewership returns and other top-secret data, including completion rates.

Transcript

00:00We have all made sacrifices and suppressed who we are.

00:03It is not a choice.

00:06It is a duty.

00:07When Netflix made the decision

00:08to bring awards darling The Crown to a close

00:11after five seasons, it caught many by surprise.

00:14Especially as creator Peter Morgan

00:15had previously planned the show for a six season run.

00:18So why is the Golden Globe winning series coming to an end?

00:21Let's break it down.

00:22The Crown will finish as one of the longest running

00:24original shows on Netflix,

00:26and one of the rare scripted shows to make it to five seasons.

00:29When many deals mandate additional financial incentives

00:32to those with a stake in the series after that point.

00:35So shows tend to become more expensive as they age.

00:37And The Crown is among Netflix's priciest series.

00:41This country was still great when I came to the throne.

00:43All that's happened on my watch is the place has fallen apart.

00:46In making renewal decisions,

00:47Netflix weighs a show's costs against its viewership returns,

00:51and other top secret data, including completion rates.

00:54That is to say, the streamer could reallocate

00:56some of its anticipated $17.3 billion spending budget this year

01:00to new programming, more likely to attract new subscribers.

01:03Rather than renewing a veteran series for an additional season,

01:06should its internal metrics fail to impress.

01:08Netflix, like other streamers,

01:10does not release traditional viewership data,

01:12and declined to comment for this story.

01:14As for The Crown, Imelda Staunton will take over as the queen.

01:18Season three of the series, starring Olivia Colman,

01:20is currently streaming.

01:21If I may offer two pieces of advice,

01:24never turn your back on true love.

01:27In the second.

01:28Watch out for your family.

01:29For much more on this story, head to THR.com.

01:32Until next time, for The Hollywood Reporter News,

01:34I'm Tiffany Taylor.