It's official: American sitcom 'Friends' is moving from Netflix to WarnerMedia's upcoming streaming service by 2020.
The One Where We Have To Say Goodbye.— Netflix US (@netflix) July 9, 2019
We’re sorry to see Friends go to Warner's streaming service at the beginning of 2020 (in The US). Thanks for the memories, gang ☕
The new platform, called HBO Max, outbid Netflix and paid $85 million per year for five years ($425 million total) to land exclusive streaming rights for Friends.
The service is set to launch in spring 2020 and will debut with 10,000 hours of premium content.
WarnerMedia is yet to announce pricing for the service, which will compete with Netflix, Hulu, and Disney Plus, among others.