On New Year’s Eve, Stranger Things captivated audiences worldwide with a series finale that demonstrated the enduring appeal of appointment television. Despite the rise of streaming, this event reminded many that shared viewing experiences could still thrive.

Since the inception of its DVD rental service, Netflix has been a game-changer in the entertainment industry, ultimately transforming how we engage with films and television series. The company’s innovative approach has decimated traditional video rental stores and instigated a nervous glance from major studios as they adapted to the streaming model.

The Evolution of Television Through Netflix

The Seinfeld gang in jail.
NBC

Historically, traditional network television thrived on “event TV, ”wherein nationwide broadcasts allowed millions to tune in at once. Landmark television moments included

  • 76 million viewers for the Seinfeld finale
  • 80 million for the closing of Friends
  • 106 million who watched M*A*S*H‘s finale

These broadcasts created shared cultural memories among viewers, contributing to the essence of television during that era.

Contrastingly, Netflix pioneered a new model by releasing entire seasons at once. Shows such as House of Cards popularized the “binge-watching”phenomenon, enabling viewers to consume entire series in a single day, provided they had the desire and commitment.

Kevin Spacey doing politics in House of Cards.
Netflix

While this model has significantly fueled Netflix’s remarkable success—with new streaming rivals emerging to follow suit—it has introduced challenges as well. Binge-watching makes it difficult for viewers to engage in the traditional “water-cooler”conversations about episodes, as discussions are often out of sync due to differing viewing paces. To add to the dilemma, viewers now frequently scramble to avoid spoilers if they have not kept pace with a show.

In 2023, when confronted with questions surrounding the binge model versus the episodic format, Bela Bajaria, Netflix’s Chief Content Officer, acknowledged: “There is no data to support that weekly is better, and it’s not a great consumer experience.” However, Netflix has recently experimented with splitting seasons into two parts—occasionally due to external circumstances like the pandemic or actor strikes, and at times due to creator preferences.

As Bajaria noted in early 2025 regarding the “hybrid”approach, “There’s no set way, it depends on what’s best for the show.”

Stranger Things: Reviving the Shared Viewing Experience

Stranger Things cast on poster.
Netflix

Enter Stranger Things, with its final season strategically divided into three volumes. Volume 1 debuted during Thanksgiving, followed by Volume 2 at Christmas, and finally, Volume 3—with its climactic single episode—premiered on New Year’s Eve. This approach harkened back to the roots of appointment television by offering viewers a reason to come together and watch.

Many fans, including friends and colleagues, altered their New Year’s plans, prioritizing this moment to enjoy the series finale live. It highlighted a sense of community as viewers connected through social media and discussions, reestablishing a shared viewing culture.

While this single episode drop may have been unique, it ignited a pivotal moment for Netflix, potentially influencing its approach to future releases. Perhaps this event could inspire a shift in the binge model—one that honors both traditional episodic storytelling and the allure of modern streaming. For fans seeking more Upside Down adventures, explore insights on the Stranger Things Season 5 soundtrack and our detailed rankings of characters and episodes.

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