Netflix Says to Binge-Watch The Office as NBC Takes Show Back

Netflix announced on Tuesday that NBC would not extend its licensing agreement for the hit comedy “The Office” beyond January 2021. NFLX stock shed about 3 percent on the day. Why is this move significant for Netflix? It all comes down to competition, and ultimately, the company’s economics. Licensing on Its Way Out When Netflix […]

The post Netflix Says to Binge-Watch The Office as NBC Takes Show Back appeared first on CCN Markets

Source: https://www.ccn.com/business/is-netflix-burying-its-head-in-the-sand-about-losing-the-office-to-nbc/2019/06/25/

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