A Report Said Netflix Wants To Make Movies ‘Cheaper’ And ‘Less Frequent.’ What Head Honcho Ted Sarandos Has To Say


Netflix just wrapped up its first quarter of 2024 and it seems like they are making some major strategy changes. Dan Lin was recently named the chair of Netflix Films, and he will likely be redirecting the focus of the movies made at Netflix going forward. Recent reports suggest that Lin will be aiming to make films that are less expensive and minimize the catalog of new releases on the platform. CEO of Netflix Ted Sarandos recently commented on these reports during the Q1 earnings call, clarifying the direction he sees movies at Netflix going in. 

After Dan Lin was appointed at Netflix, The New York Times ran an article outlining the new goals for movies at Netflix. The article claimed that instead of focusing on auteur-driven titles as the legacy streamer has done in the past — like the very expensive Martin Scorsese film The Irishman, and Jane Campion’s The Power of the Dog — the platform was going to refocus their content to be more audience-centric, focusing on crowd-pleasers. The publication also suggested that Netflix would be trying to decrease their spending on original films, making fewer movies with smaller budgets. 


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