Netflix Is Cutting Back on Standup Comedy Specials
- Sketch comedy, short sets from less-known comics are priority
- Big acts like Seinfeld helped streaming service build library
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After pouring hundreds of millions of dollars into standup comedy specials from the likes of Jerry Seinfeld and Dave Chappelle, Netflix Inc. is cutting back.
The online video service is releasing fewer standup specials this year than either of the past two years, according to data analyzed by Bloomberg. Netflix has streamed about 30 such shows so far this year, compared with more than 50 at this point last year.