United Kingdom
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The production company that owns Drag Race decided they wanted to vastly increase the tariff in the next contract despite the BBC having to find half a billion in savings. The show now moves to that production company’s own streaming service. This is the story often when the BBC commissions a hit show from an indie - look at Bake-off as an example.
However, the production company (which specialises on the LGBT market) and a few others decided to make a fuss in their own interest about it because of course they would. Fact is, the BBC is cancelling a lot of content across the board, including relatively inexpensive things like You and Yours. Even the Archers is having severe budget cuts.