Avatar: The Last Airbender and other Netflix hits lost 60-70% of viewers between seasons—not because audiences got bored, but because Netflix's economics reward greenlighting sequels regardless of whether the audience will sustain them. The system is broken at the incentive level, not the creative one.
Avatar season two dropped from 21.2M views to under 8M in same period
Beef, The Four Seasons, A Man on the Inside all showed similar 60-70% viewer collapse
Second seasons greenlighted for subscriber lock-in and international licensing, not audience demand