Netflix Reportedly Paid $100 Million to Keep ‘Friends’ Throughout 2019

Netflix Reportedly Paid $100 Million to Keep 'Friends' Throughout 2019
David Schwimmer as Ross Geller, Courteney Cox Arquette as Monica Geller, Matt LeBlanc as Joey Tribbiani, Jennifer Aniston as Rachel Green, Lisa Kudrow as Phoebe Buffay, Matthew Perry as Chandler Bing on ‘Friends.’ Reisig & Taylor/NBC/NBCU Photo Bank/Getty Images

The price of a Friends fan’s devotion may be high, but apparently the cost is worth it. Netflix reportedly shelled out a hefty chunk of change to keep the beloved sitcom on the streaming platform throughout 2019.

The New York Times reported on Tuesday, December 4, that the company will pay roughly $100 million to license the show from WarnerMedia. Netflix previously doled out $30 million per year to stream Friends, which arrived on the platform in January 2015.

Netflix and AT&T had been in negotiations for several months to extend the series’ lifespan on the streamer, according to the publication. Sources familiar with the deal told The New York Times that Friends could still depart from Netflix after 2019 or its price could significantly decrease if it begins to stream on other platforms as AT&T is reportedly planning.

Fans revolted earlier this month when they noticed the former NBC hit was listed with “availability until 1/1/19” on Netflix. After the massive backlash, the Netflix Twitter account tweeted on Monday, December 3, “The Holiday Armadillo has granted your wish: ‘Friends’ will still be there for you in the US throughout 2019.”

The Holiday Armadillo is, of course, a Christmas/Hanukkah-celebrating character Ross Geller (David Schwimmer) made up when he couldn’t get his hands on a Santa suit to please his son, Ben (Cole Sprouse).

Schwimmer, Jennifer Aniston, Courteney Cox, Lisa Kudrow, Matt LeBlanc and Matthew Perry starred as Ross, Rachel Green, Monica Geller, Phoebe Buffay, Joey Tribbiani and Chandler Bing, respectively, on Friends for 10 seasons. The show, which followed the six pals’ wacky and uber-relatable lives in New York City, ran on NBC from 1994 to 2004.

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