NBC is pulling 'The Office' from Netflix in 2021


Everyone's favourite workplace sitcom, The Office has been off the air for six years, but thanks to reruns and streaming giant Netflix, the workplace comedy continues to find a new audience.

From Arya and Jon in the "Game of Thrones" Season 8 premiere to Jamie and Claire in "Outlander" Season 3. In a statement that went out on Tuesday, NBC announced the decision to pull The Office from Netflix beginning in 2021, while all nine seasons will stream exclusively on NBC's upcoming streaming service.

Click through the gallery above for a look at some of The Office's most iconic meltdowns, freakouts and more.

"The Office" ran on NBC's broadcast network prime-time schedule from 2005 to 2013. That has complicated things for Netflix, which built its business model on content licensed from other companies.

Owners of TV shows and movies typically license their videos to third-party services for a certain amount of time. Nothing was confirmed but talk that NBC might be starting a new streaming service that would see all its shows housed in one place started to do the rounds. Consumers without a pay-TV subscription will be charged $10 a month.

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Netflix has been preparing for the loss of many of its licensed shows.

For a five-year commitment to showcase The Office on its own streaming platform, NBCUniversal is paying a whopping $500 million.

All that being said, pour one out for Netflix users who got too comfortable with the in-office antics of Michael Scott.

Loup Ventures analyst Gene Munster said he believes there will be an increase of people experimenting, trying out a service for a month or two and then canceling. Netflix, for example, spent $12 billion on content in 2018, although that includes original and non-original programming. Cable, Media and Entertainment, Telco, and Tech companies rely on FierceVideo for the latest news, trends, and analysis on video creation and distribution, OTT delivery technologies, content licensing, and advertising strategies.