Netflix made its name picking up content that had consistently moderate viewership over a long period of time, rather than looking for boom and bust blockbuster

Netflix made its name picking up content that had consistently moderate viewership over a long period of time, rather than looking for boom and bust blockbusters. That was their whole schtick - find undervalued series that had moderate viewership numbers on original airing, and then bank on those shows continuing to draw viewers over time. That seems to run entirely counter to the current strategy, they fell straight into the trap of entering the production game, and it turns out they just aren't that good at it. Which is a shame. They're undermining their own products dramatically by not letting stories wrap up. Their bread and butter shows don't exist if they've been cancelled because they weren't booming hard enough on opening weekend. I watch a lot of shows, but a catalog of cancelled season ones is a hard "no" from me. Not interested, not going to pay for it. I finally cancelled because of the ads, but the outrageously large number of dead in the water shows in their catalog made it a lot easier.