In 2022, Netflix cancelled a whopping 23 TV shows from its line-up, and while some of the axings sparked worldwide “outrage”, it turns out there’s a very good reason for it.

According to the streaming giant’s CEOs, Greg Peters and Ted Sarandos, the almighty chop was due to the “evolution of business”.

During an interview with Bloomberg, Ted explained that they’d “never cancelled a successful show” and even though a lot of the programs were “well-intended”, they brought in a “small audience on a very big budget”.

“The key to it is you have to be able to talk to a small audience on a small budget and a large audience at a large budget. If you do that well, you can do that forever.”

While they may have a YUGE cultural presence online, it doesn’t necessarily translate to viewership or bringing in the big bucks — meaning, the show is more likely to never see the light of day again.

What TV Shows were axed from Netflix in 2023?

According to entertainment site Just Jared, shows like Gentefied, Cooking with Paris, Another Life, The Baby-Sitters Club, Raising Dion, Space Force, Resident Evil, The Imperfects and Selling Tampa were all cut from the line-up.

On the Verge, City of Ghosts and Centaurworld were also given the flick; however, no formal announcement was made.

Most notably, Fate: The Winx Saga was cancelled after two seasons and saw an outpouring of despair online by its young adult audience.

“Our story ended before it even started :(,” one person wrote on Twitter at the time, while others petitioned to “save” the show.

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