Netflix's new Global Head of TV Bela Bajaria and her boss, co-CEO Ted Sarandos, discussed the perception that the streaming service is cancelation-happy today at the Paley International Council Summit. “If you look at season twos and more, we actually have a renewal rate of 67%, which is industry standard,” Bajaria said. “We also do make a large amount of first season shows, which sometimes feels that we have more first season cancellations but if you look at the renewal rate it’s really strong. I also think you have to look at The Crown, with season four launching now, Grace & Frankie and The Ranch, we’ve had long running shows and we’re always going to have a mix that are great to be told in a limited series form and shows that go on for multiple seasons...I’ve been in the business a long time and been on all different sides of those cancellations. It’s always painful to cancel a show and nobody wants to do that. We order straight to series in the first rather than make pilots, which results sometimes in more season one cancellations. Even with that, I still believe a season order is still a better creative expression of a writer’s idea so I still think that’s the right model for us.”
TOPICS: Netflix, Bela Bajaria