The fate of the acclaimed comedy-horror series Wednesday on Netflix appears to be in limbo. Paul Tassi from Forbes claims that there is a very significant likelihood that the popular television show won’t be renewed for a second season, despite the fact that its first season was just published on November 23.
The first reason for this is that the picture is an MGM production, thus the rights to the series aren’t wholly Netflix’s. Second, a $8.5 million merger between Amazon and MGM was finalised in March 2022. At the time of this agreement, Amazon reportedly said it had no plans to make all MGM content exclusively available on Prime Video, but after the success of the programme, things might have changed.
According to Forbes, two things might be developing covertly right now, which explains why Netflix is delaying the release of a second season announcement until Wednesday. Given that Prime Video and Netflix are direct rivals, the first option might involve Amazon cancelling its agreement with Netflix and broadcasting the forthcoming seasons on its platform instead.
Although it appears highly unlikely that Amazon will choose the second course of action—paying a substantial number of money to Netflix in order to keep Wednesday on the same streaming platform—the show’s high viewership may also play a role in the company’s decision, according to Forbes.