Why The Office Is Leaving Netflix

NBC to fork out $500 million to bring The Office to its upcoming new streaming service.

Dwight Michael The Office
NBC

Currently, the US version of The Office can be found on Netflix for your viewing pleasure. If you’re a fan of the show, however, make sure to enjoy it while you can.

Straight from NBCUniversal, it’s been announced that The Office will be pulled from Netflix as of early 2021; this being the latest move in the ongoing battle between the various streaming services that are turning up all over the place.

With NBC launching its own streaming service in 2020, the call was made to essentially buy back The Office. The Steve Carrell-headlined series may currently be on Netflix, but that will changing over the next few years as NBC branches out to the ever-expanding market of on-demand streaming services. The cost of all of this, though? Well, that’s enough to make you choke on your coffee.

For a five-year commitment to showcase The Office on its own streaming platform, NBCUniversal is paying a whopping $500 million. That figure represents $100 million per year for a five-year agreement, and NBCU had to swat away competition from Netflix, Amazon, Apple, and Hulu to land a show that originally aired on the NBC network from 2005 to 2013.

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