'Riverdale' Likely Leaving Netflix Soon, Exec Says

Lawrence Kim
February 12, 2019

AT&T CEO Randall Stephenson at UBS media conference let attendees know at the time that the newly extended license to the Warner Bros show is not exclusive.

The CW shows are not the only ones in danger of leaving Netflix. Television executive Kevin Reilly told reporters at the Television Critics Association today that it is unlikely that will be a long-term situation.

Better binge as much of the Central Perk gang on Netflix while you can: Friends is likely heading to WarnerMedia's upcoming streaming service soon, the streamer's boss says. What that appears to mean is that shows and movies will not necessarily find permanent homes on the new streaming service, depending on what is in demand.

"I think for the most part, sharing destination assets like that is not a good model to share, my belief is that they should be exclusive", added Reilly. The licensing agreement with Netflix for these CW shows will run out in the spring and it is likely that Warner Bros. will choose not to renew it in order to keep it for their own streaming service.

When asked about the WarnerMedia streamer release date vs. Disney Plus, Reilly essentially said that he didn't see the two platforms as being in direct competition, since Disney's streaming service is being billed as family friendly, while WarnerMedia's offering would have a kids-and-family component, but would also offer a wider breadth of content.

What do you all make of this announcement?

Along with those hit sitcoms, the WarnerMedia streaming service - which still doesn't have a name or a price point, but is set to launch in beta form by the end of the year - has its eye on CW shows like The Flash, Arrow and Riverdale that now make Netflix their streaming home.

Other reports by Click Lancashire

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