Nick Soltman was recently quoted in Ryan Faughnder’s Los Angeles Times article “Why is Regé-Jean Page leaving Netflix’s ‘Bridgerton?’” which focuses on Page’s single-season talent deal with Netflix and how deals may be evolving as the industry shifts to streaming. Nick explains that a typical deal on a broadcast network has, “basically infinite options for the studio to exercise after each season, and they can lock in talent for as long as they want essentially.”
Nick goes on to offer his opinion on the reasoning behind Netflix’s decision: “… the goal is to draw paying subscribers and there’s little incentive to extend even the most popular shows for more than a few years.” He added that, “the streaming world isn’t necessarily built for long-running shows. They tend to get more expensive as time goes on and they don’t bring a whole lot of incremental value beyond the first couple seasons.”
The full article can be found below (LA Times subscription required).