im not stable enough rn to deal with kaylee leaving.

How very Klaus of Jen lmao

Mad About The CW Cancellations? Blame Streaming, But Also Its Unusual Corporate Structure

So why, then, did The CW clean house this season? The blame isn’t squarely on network CEO Mark Pedowitz. Broadcast’s longest-tenured network topper reports to a board comprised of execs from Warners and CBS Studios, who for years have played a vital role in programming decisions. For example: While Dynastyhas had the distinction of being broadcast’s lowest-rated scripted series for years, revenue from the reboot’s international sales and the Netflix deal kept it on the air for far longer than its linear numbers deserved. So after five seasons of living life on the bubble that included a wild history of casting changes, why did time run out on Dynastyand so many other CW favorites?

Blame streaming. And mergers. And The CW’s impending sale.

Warners and CBS Studios — now overseen by newly merged Warner Bros. Discovery and Paramount Global — ended the Netflix output deal in 2019 to help boost their respective streaming platforms, HBO Max and Paramount+. Foreign sales, too, have dried up as those rights need to stay in-house as both platforms continue their global expansion in a bid to compete with Netflix and company in the streaming wars. That’s a loss of billions of dollars in revenue, making shows like Dynasty, for example, no longer profitable.

Without those two revenue streams, and amid new corporate ownership, the free lunches are officially over as both of The CW’s corporate parents are in active sale talks with station group Nexstar and other potential buyers.

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While The CW is expected to look considerably different next season — expect more low-cost foreign acquisitions and unscripted programming — the network’s most-watched originals are all returning. The CW gave early renewals to seven of its eight returning shows, all of them among its highest rated. Sources say Pedowitz wanted to bring back the Greg Berlanti-produced DC Comics dramas BatwomanandLegends of Tomorrowbut Warners no longer wanted to pay the leases on the studio space, which expired May 1, and prompted April 29 cancellations. Plec’s Legacieswas also said to be a financial decision made by the studio.

LegendsandLegacies,along with Charmed, In the Dark andRoswell, New Mexico all were part of the Netflix output deal.

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And before anyone can start a petition for the unfortunate shows that met their early demise this week, keep in mind that HBO Max and Paramount+ can’t save those lucky shows that were able to stay on the air as long as they did because they were part of the Netflix deal. Sorry, Legacies, Legends, Dynasty, Charmed, In the Dark andRoswell, as Plec said, “Today we mourn.”

Corporate greed destroyed CW. Paramount Global and Warner Bros wanted to compete with Netflix so badly that they made CW (a network they owned) unwind their Netflix deal.

I had wondered for the longest time why Batwoman was on HBO Max instead of Netflix and found out it was because CW ended their output deal with Netflix. I knew then CW was in trouble – true enough a year after I learned about it, CW announced it’s being put on sale.

Another thing I learned about HBO Max’s/Warner Bros Day and Date release in 2020 and the outrage it caused among filmmakers is that Warner Bros putting their 2020-2021 movies on HBO Max meant the filmmakers/studios couldn’t shop around their movies to other streaming platforms and would actually make less money. Because going straight to HBO Max meant WB would just be paying itself and at a lower cost too.

This is basically what happened with CW, CW used to have a sweet output deal where they just churn out shows regardless of ratings because Netflix and foreign markets would pay handsomely for the shows. The moment Paramount Global and Warner Bros decided to compete with Netflix and turned their eye on CW, was the moment CW was toast.

Because Paramount Global and Warner Bros were never going to pay CW the kind of numbers Netflix was willing to pay.

(Mind you, this was before the market corrected itself and Netflix’s stocks fell to more reasonable figures– which unfortunately triggered Netflix going around like a headless chicken because they’ve just been focusing on acquiring customers and not retaining them. Again, corporate greed).

This also means, unfortunately, as much as my heart wants it, there are no saving Legacies because Paramount Plus and HBO Max are the reason whyLegacies was canceled in the first place. Netflix is also having its own problems, so there’s a very slim chance for a save from there.

It’s also a bitter pill to swallow knowing the reason why Legends of Tomorrow andBatwoman were canceled was that Warners couldn’t be bothered paying the lease on studio space. That’s it. The whole reason.

Warners. Didn’t. Want. To. Pay. Studio. Space.

Is this reaching or no?