Update Netflix Is Cutting Back on Standup Comedy Specials

Mr.Bhat

EntMnt Contributor
Netflix is releasing fewer standup specials this year than either of the past two years, according to data analysed by Bloomberg.

After pouring hundreds of millions of dollars into standup comedy specials from the likes of Jerry Seinfeld and Dave Chappelle, Netflix is cutting back.
The online video service is releasing fewer standup specials this year than either of the past two years, according to data analysed by Bloomberg. Netflix has streamed about 30 such shows so far this year, compared with more than 50 at this point last year.
The company says it's refining its strategy after relying on standup as a magnet for new subscribers over the past few years. While Netflix is still releasing plenty of specials, the company is now investing more in areas like sketch comedy and shorter sets from lesser-known comedians.
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