Streaming giant Netflix Inc. (NASDAQ:NFLX) has been exploring a spinoff of its hit series "Wednesday," a move that underscores the increasing emphasis on franchise-based content in the streaming industry.
What Happened: Netflix initiated talks for a second "Wednesday" season, which featured Jenna Ortega in the lead role, just weeks after its premiere in November. The series, which draws from The Addams Family characters, quickly climbed to become Netflix’s premier English-language show, racking up over 250 million views in the last year and continuing to draw viewers this year, reported Bloomberg.
Before planning the second season, Netflix has already broached the idea of another Addams Family series centered on Uncle Fester. However, the realization of this series is dependent on several factors ...