'The Office' to Leave Netflix in 2020, Stream Exclusively on NBCUniversal's Forthcoming Service

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'The Office' to Leave Netflix in 2020, Stream Exclusively on NBCUniversal's Forthcoming Service
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All nine seasons of the NBC comedy will be available exclusively on the platform, set to launch next year.

The NBC cult favorite will leave Netflix when its current deal with the streamer expires at the end of 2020. NBCUniversal's forthcoming direct-to-consumer platform will then be the exclusive streaming home for all nine seasons of the comedy starting in 2021. has become a staple of pop culture and is a rare gem whose relevance continues to grow at a time when fans have more entertainment choices than ever before,” said Bonnie Hammer, chairman of NBCUniversal DTC and digital enterprises.

The move also comes with a significant financial loss as NBCU could have opted to take a page from Warners and licenseto Netflix for a sizable fee. Warners last year added a year to Netflix's deal for mega-hit Friends in a pact worth $100 million. That deal keepson Netflix through the end of 2019, with WarnerMedia's streaming service expected to launch in the fourth quarter of this year.

NBCUniversal's ad-supported streaming service is set to launch in 2020 and will feature TV and film franchises from within the company as well as homegrown original programming and content from outside studios.

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