Planet Money: Why Platforms Like HBO Max Are Removing Streaming TV Shows

“HBO Max is trying to also save on residuals,” LMU’s David Offenberg, associate professor of entertainment finance, explained on NPR’s Planet Money about changing streaming strategies. “One thing I can tell you about residuals is that they are more expensive in earlier years of the show’s life and less expensive in later years, and so there is something of a heightened incentive to cancel a show and take it off the platform early in its life because that is when the residuals are more expensive.” (13:35 mark)

Source: NPR
Planet Money: Why Platforms Like HBO Max Are Removing Streaming TV Shows