The Office will leave Netflix at the end of 2020. According to multiple reports, the sitcom will move to NBC Universal’s streaming service in 2021. Netflix was willing to pay approximately $90 million per year for the rights to stream the Steve Carrell led series, but NBC topped that offer by offering $100 million per year.
Netflix made the news official with a short tweet. The streaming service noted, “We’re sad that NBC has decided to take The Office back for its own streaming platform — but members can binge watch the show to their hearts’ content ad-free on Netflix until January 2021.”
We're sad that NBC has decided to take The Office back for its own streaming platform — but members can binge watch the show to their hearts' content ad-free on Netflix until January 2021
— Netflix US (@netflix) June 25, 2019
Chairman of NBCUniversal Direct-to-Consumer and Digital Enterprises, Bonnie Hammer, celebrated the news of their latest acquisition. She stated, “The Office has become a staple of pop culture and is a rare gem whose relevance continues to grow at a time when fans have more entertainment choices than ever before.” She continued, “We can’t wait to welcome the gang from Dunder Mifflin to NBCUniversal’s new streaming service.”
In addition to The Office, Netflix has also recently lost their Marvel series such as Luke Cage, The Punisher, Jessica Jones and more. Moving forward, Netflix will rely heavily on their original series and films.