Netflix has managed to secure the rights to stream 'Friends' for another year at a whopping price of $100 million, according to the New York Times. That's a huge jump from the $30 million per year it previously paid.
The popular sitcom is owned by AT&T's WarnerMedia and Netflix's deal to stream the show had been set to expire this year. WarnerMedia wanted the show as an exclusive for its upcoming streaming service but bids from Netflix and others appear to have been too lucrative to turn down.
According to Recode, Apple was one of the bidders for the show along with Hulu, who is said to have made a strong effort.
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