Submitted by avery5712 t3_10kgpq4 in nottheonion
CloakerJosh t1_j5syqnj wrote
Reply to comment by Screamingholt in Ted Sarandos says that Netflix has “never canceled a successful show” by avery5712
I don't have the stats, obviously. Nor do I know directly how Netflix measure "success".
But, if I were to hazard a guess, I reckon it'd look something like this:
- Netflix knows how much a series cost them to make and/or license/distribute
- Netflix knows the overall produced runtime of these shows
- Netflix knows how much of the show was watched, and by how many unique users
Based on these types of stats (and many others), they'd basically be able to boil down the "success" of a show by creating a measure that expressed Dollars Spent Per Minutes Watched.
Suppose that when you look at the economics of some of these brilliant shows (I loved The Expanse), you find out that the Dollars Spent Per Minutes Watched puts it in the top 10%. Suppose they decide this means this show is "Unsuccessful".
I'm just a random internet dickhead, but I figure it is basically an advanced application of this or something similar.
Screamingholt t1_j5t7umd wrote
Sadly I can totally agree with that. It probably is exactly that sorta cold blooded math. I mean they are a business entity seeking profit after all. Further to that I wonder if people signing up and immediately watch show X would be a boost to said show.
Perhaps that is why Amazon stuck with as they weighted such a metric differently.
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