Netflix says 'You have reached the yearly download limit for this video. (10016-22007)'

If you see an error on your iPhone, iPad, or iPod touch that says

You have reached the yearly download limit for this video. (10016-22007)

It indicates that you have reached the maximum number of downloads for a specific TV show or movie.

Some TV shows and movies can only be downloaded a limited number of times per year per account. If you would like to watch the TV show or movie sooner, you’ll need to connect to the Internet and stream. Otherwise, select another TV show or movie to download.