When it comes to canceling TV shows prematurely, Netflix is often believed to be the guiltiest culprit. There's no denying that some shows on the platform ended too soon, but overall, Netflix is actually the one major streamer that renews its original shows more than any others.
The finding was revealed by the latest streaming report published by the data intelligence company Luminate (via Deadline). One surprising result was that broadcast networks are renewing their shows more often than stream…
A 50% Retention Rate Doesn't Guarantee a Renewal
For example, Wonder Man reached a 52% retention rate following its debut on Disney+. It was initially renewed for a second season before later being canceled for reasons that still aren't clear. Netflix also axed The Waterfront despite its 62% audience retention rate. Meanwhile, Apple TV renewed The Studio, which had a 28% retention rate, while also canceling The Last Frontier, which had a higher rate.
Netflix may be the most lenient of the bunch when it comes to renewals, though there were still…
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