In case you鈥檙e lamenting the news of Sense8鈥s cancellation and wondering why on Earth Netflix would just up and nix it with next to zero warning (along with other faves such as Bloodline, The Get Down, and Marco Polo), you鈥檙e not alone. It鈥檚 not uncommon for shows that don鈥檛 perform well to be canceled (check out this year鈥檚 most crushing blows here), but it鈥檚 somewhat new territory for the still-fledgling network, which has only been releasing original content for about four years, taking us all by surprise.

Now, the company鈥檚 CEO, Reed Hastings, who notoriously keeps viewership numbers private, has explained his reasoning as to why the streaming network is making such big changes, and it鈥檚 not one you might expect.

According to Hastings, it all comes down to the simple fact that Netflix鈥檚 鈥溾it ratio is way too high.鈥 Nice problem to have, right? While this logic may seem counterintuitive, it actually makes sense when he explains it, saying that a company also needs to fail from time to time to avoid getting into a safe zone. 鈥淲e have to take more risk; you have to try more crazy things.鈥

After all, it鈥檚 those risks that result in unexpected runaway hits such as 13 Reasons Why. 鈥淚t surprised us,鈥 he reveals. 鈥淚t鈥檚 a great show, but we didn鈥檛 realize how it would catch on.鈥

#HAGS

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Essentially, it also allows the Network more room (and funds!) for, oh, say, new episodes of Arrested Development, and the fan-generated Lupita Nyong鈥檕 and Rihanna movie, but be warned 鈥 more cancellations will likely be in the network鈥檚 future. 鈥淲e should have a higher cancellation rate overall,鈥 Hastings said.

All the more incentive to binge-watch as much as we can while they鈥檙e still around this summer!

What鈥檚 your favorite Netflix Show? Tell us @BritandCo!

(h/t HelloGiggles; photos via Netflix + Getty)