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In
In the news: the Director of Film at
The details:
Scott Stuber had long complained that he had to make too many films and that quantity was getting in the way of quality. As a result, the streaming service has sharply reduced its production, from 90 of its own films in 2018 to 49 films last year and 36 planned English-language films in 2024. However, that number is still more than any other production company.-
Stuber's biggest frustration, however, is the fact that
Netflix refused to give their films major releases in cinemas. One exception wasGlass Onion: A Knives Out Mysterywhich received a relatively extensive cinematic release inthe United States . However, its success did not convince Sarandos to adjustNetflix 's policy in the future. According to Stuber, that decision made it harder for him to convince major filmmakers to partner withNetflix . Ted Sarandos , in turn - although never openly stated - would be disappointed in the success of a lot ofNetflix 's expensive film productions. Most recently, there wasZack Snyder 'sRebel Moon , which was slammed by critics.-
Nor has the crop at the Oscars been as good as
Ted Sarandos had hoped. In recent years,Netflix collected as many as nine Oscar nominations for Best Picture, but never managed to win. Competitor Apple, on the other hand, already received that coveted award forCODA.
Future
Behind the scenes:
- With that promotion,
Netflix made it clear that television will always be their priority. Bajaria follows much more internal company policy. -
Although Bajaria will appoint a new
Chief Film Officer , they will have a distinctly different role thanScott Stuber . The ambitions of going heavy and wanting to score at the Oscars will presumably disappear.Netflix will still make movies in the future, but it will spend less money on them. Presumably, it will more often buy projects already in the works and still seek a publisher. Netflix will also again buy older series and movies more often. The success of a series likeSuitslast year proved that's one of the cheapest ways to keep scoring anyway.-
That changing
Netflix strategy was also evident last week when the streaming service invested$5 billion (4.63 billion euros ) in live streaming of the WWE.
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