“I’ve made a huge mistake”

Looks like someone needs to remind Netflix that there’s always money in the banana stand. Earlier this week, the streamer announced that all five seasons of Arrested Development will be leaving its platform on March 15.

And Netflix isn’t the only streamer saying “bye brother” to content:

• HBO Max has let 36 titles go, including 20 originals (like Westworld).
• Paramount and Showtime, who have merged into a single platform, have said goodbye to several shows, including The Twilight Zone reboot from Jordan Peele.
• And from the sounds of it, Disney is next – the media giant yesterday announced plans to cut $3 billion in content costs.

✌️🎞 Bottom line: Today’s streaming landscape is marked by price hikes, consolidation, and cost-cutting, which means there's a good chance a whole lot more shows and movies get booted from their current platforms – and maybe find homes elsewhere.

Though there may be some good news for Arrested Development fans with a Netflix account: the streaming platform has until March 14th to extend its licensing deal with Fox. And the situation is giving similar vibes to last year, when Netflix’s first Original show Lilyhammer was set to be removed until an agreement was reached with one day to go, keeping the show on the platform until 2029.