Netflix seems to be one of the companies that can’t pull itself out of the tailspin it is currently in. The drop in subscriber numbers and earnings has resulted in the streaming platform losing out on tons of money, including plummeting stock prices. This has led to a ton of shows being canceled, despite how popular they seem to be. Most of the initial cancelations were part of the animation department, but now normal shows have been getting hit just as hard. The hit teen vampire drama, First Kill, is now the newest show that has unfortunately been canceled on Netflix.
The odd thing about canceling First Kill is that it had been quite a popular series. Netflix bases its cancelations on cost versus viewership, which makes sense. If millions of dollars are spent on a TV series that is not watched by many people, it will naturally be canceled. However, First Kill broke into the top 10 list of English language shows in the first three days of its release, landing at number seven. The show already had 30 million hours viewed at this point. It would climb to 48 million hours viewed within the first week, sitting only behind Stranger Things Season 4 and Peaky Blinders Season 6 on the top three releases. The show jumped well over 100 million hours viewed in its first 28 days, but still, Netflix has canceled the series.
First Kill follows the life of Juliette, as she is set to take on her first kill, so that she may be fully welcomed into her vampire family. However, she meets Calliope, a girl that she has targeted as that first girl. Juliette then finds out that Calliope is from one of the more prominent vampire hunters, and she comes from a family of celebrated vampire slayers. Both girls figure out that killing one another is not going to be so easy. The show was based on a short story written by Victoria “V. E.” Schwab. Sarah Catherine Hook (Juliette) and Imani Lewis (Calliope) starred in the series along with Elizabeth Mitchell, Aubin Wise, Jason Robert Moore, Gracie Dzienn, Will Swenson, Phillip Mullings Jr., Dominic Goodman, and Dylan McNamara.
Netflix canceling shows has, unfortunately, become commonplace these days, and it appears that more cancelations are going to be coming as the company tries to pivot away from losing even more money. Their most recent quarterly earnings showed that they lost nearly 1 million subscribers, which joined the 200,000 lost for the first time back in April. Surprisingly, the company was projected to lose about 2 million this time around, so that has given the streamer a bit of a chance to pull out of losing tons of money going forward.
Netflix canceling shows is likely going to continue for the foreseeable future. The streaming platform is experimenting with releasing a new ad-supported tier to the service, which might bring more customers back, as the current price for the service is still a huge point of contention for people. Should this new tier be successful, maybe the platform can start bringing back shows that it got rid of.