High Budget Netflix shows tends to get canceled. Altered Carbon, Jupiter's Legacy and many high budget Netflix Shows have high expectations on them, So they get canceled if they are not well received.
People are raving about Sandman and I kind of want to watch it but I do not want to get attached to a show that gets canceled after a season or 2. A high budget show have to be renewed for 3rd season before I get the confidence.
Meanwhile we have a show like Emily in Paris, It is renewed to completion and people hate that show, Critics destroyed the show, subscribers petitioned to canceled that show but because its cheap, Its renewed for 3 seasons and the show runner gets complete its planned 3 season arc.
Netflix shows have higher renewal rate if they are low budget. A low budget show just needed 5 hundred thousand viewers to get renewed. A high budget show needs Billions of people watching like Stranger Things, Bridgerton and Sandman.






