Netflix Cancellations Are Piling Up

Ever since Netflix started debuting original series in 2012, the streaming giant has been adding shows at an increasingly rapid rate. The platform has also been renewing the vast majority of them — until now, that is.

The streamer is finally starting to look a bit more like a traditional TV network by iimplementing a model that keeps the most successful shows and does away with some of the the less fortunate contenders. Within the span of a month, the streamer pulled the plug on Baz Luhrmann’s pricey hip-hop drama The Get Down, The Wachoski’s globe-spanning sci-fi series Sense8 and Nasty Gal founder Sophia Amoroso’s semi-biographical comedy Girlboss.

Surprising many in the industry, the cancellations came amid remarks made by Netflix CEO Reed Hastings in a CNBC interview at the Code Conference in Rancho Palos Verdes, Calif. speaking about the company's track record. "Our hit ratio is way too high right now," he said. "I'm always pushing the content team, ‘We have to take more risk, you have to try more crazy things,’ because we should have a higher cancel rate overall."

Read the rest of this article at The Hollywood Reporter.

Netflix originals such as The Ranch and Grace and Frankie have been renewed amid the cancellations.