https://www.hollywoodreporter.com/tv/tv-news/peak-tv-2022-co...!
This isn't the only reason I stopped watching shows, but its certainly a contributing factor. Kinda gets old seeing some cool first season setup a bunch of interesting story arcs, great show, etc and then cancelled.
I'd been a Netflix streaming subscriber since.. I don't know when? As long as the service has existed, most likely, and DVDs before that. Even so, by earlier this year I'd already been thinking about cancelling for a while. Much of their content seems pretty mediocre these days, and there's just so much of it. When they cancelled a well executed first season show that was so clearly an introduction to a bigger story.. that really made the decision to cancel a no brainer.
[source]: https://www.hollywoodreporter.com/news/general-news/tvs-new-...
The number of scripted shows is completely irrelevant when they don't say anything about the total number of episodes. Instead of six seasons of one show, you could just be getting one season each for six different shows.
Hard to call that an improvement when it leads to shows getting cancelled right as they start to become interesting, leading to their storyline never getting resolved.
It's not cost effective though. It's more a matter of fixed viewership.