[barrkel]

Don't forget that it's not a single instance game.

The more Netflix pulls shows, the more it develops a reputation for pulling shows.

That decreases viewer investment in new shows, as they're incentivized to wait and see if the show lasts, or whether they're going to be left with narrative tension and no payoff after a cancellation.

And with decreased viewer investment in new shows, more shows get cancelled because the numbers don't look good. It's pro-cyclical and it burns goodwill.