The Office is officially leaving Netflix for good

The Office is officially leaving Netflix for good

NBCUniversal's offering will have an ad-supported version that's free for cable subscribers and a premium option for those who want The Office without commercials like they're getting on Netflix. According to NBCUniversal, "The Office" is the number one series on SVOD.

In an announcement made on Tuesday, NBCUniversal's Chairman of Direct-to-Consumer and Digital Enterprises Bonnie Hammer said, "The Office has become a staple of pop culture and is a rare gem whose relevance continues to grow at a time when fans have more entertainment choices than ever before".

Don't believe us? Starting in 2021 beloved mockumentary sitcom The Office is leaving Netflix and coming exclusively to NBCUniversal's upcoming streaming service launching in 2020.

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Experts say the new services, except perhaps Disney's, are not likely to draw the numbers that Netflix has spent years building, as consumers suffer streaming fatigue. NBC has said the streaming service will be free for subscribers of traditional pay-TV bundles. "NBCU and WarnerMedia are going to need big pulls, which they don't really have, to compete". But for Netflix, the losses of valuable licensed IP are beginning to pile up.

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As such, CNBC reports NBC had to commit to $100 million United States dollars per year for five years to get the show.

Even now, Netflix isn't the exclusive home for "The Office".

NBC and other media companies have wrestled with what content to license to third-party services such as Netflix and Amazon.

Another day, another TV show that's about to leave Netflix foreverrrrr.

Yesterday, Netflix took two hits. Last week, the company announced that almost 31 million accounts watched the new comedy "Murder Mystery".

Disney was the first to announce their own individual streaming service, stating in 2017 that it would remove its movie library from Netflix as it begins preparations for Disney+. The only thing that could make this day better is ice cream. There's still plenty of time left, though, both for the show's new audience and those looking to re-watch it in its entirety on Netflix.

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