So apparently Netflix paid $100 million to keep Friends

Why?

Friends wasn't that funny 20 years ago. It's fricking terrible now.

believe you can still watch in on TBS

Paramount plays it a lot too

It's one of Netflix's most popular shows. There are people who sign up for Netflix just to watch Friends.

It's moderately amusing at times and a decent time waster. I used to hate it back then, but it kind of grew on me. But yeah, it's not $100m good.

That's kind of shocking.

It’s on Nick at Night for like 6 straight hours, every day

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Honestly this money should have been used to build upon/create more originals or gain rights to a different popular franchise/show.
Thoughts?

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That’s not really how it works

They likely have separate budgets for retaining/gaining past/present content and another budget for original content

And Netflix is churning out a frick ton of original content right now, that 100 mil isn’t making a difference.

The residuals for those 6 actors is already netting them $20 million annually... It probably just doubled.

I can only imagine what the creators/producers are banking off of this show now. Friends will end up being the most valuable television property in history. The actors from almost day 1 saw its value when they demanded $1 million/episode each back in the 90s....and got it.

I still though simply cannot wrap head around how and why the show is still such a cash cow. I get it, Europe loves them some friends, but I probably watched every single episode when it originally aired on Thursdsy night must see TV... But sonovabitch, I rarely, rarely ever watch any now.

It must be the female audeince or just that Aniston was so hot and the actors so well cast or something, but I would never watch the latter half of the series again once it turned totally into a chick flick on television.

Don't get me wrong, I can see the high quality of Friends, but I guess it's because I was always a Seinfeld guy, and like my humor a little more cynical, I'm just not going to watch episode after episode of Friends on Netflix.

I just winder if David and Seinfeld sit and look at Friends' syndication deals now and think, man we used to kick that's show's arse. I also wonder if they regret selling their syndication rights for what they did (about $1.8 billion) back in the day.

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My question is how much money is Netflix making if they have $100m to throw at this shite.

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Google machine says that Netflix had over 137 million subscribers in the third quarter of 2018. That's well over a billion in revenue a month. Do they even have any kind of traditional overhead to speak of? Just intellectual property expenses like this friends deal? They're making some money.