Changes in Netflix's Film Strategy

Netflix's new film chief, Dan Lin, plans to shift away from producing lousy, super-expensive blockbusters and 'auteur' movies. The streaming giant aims to focus on developing their own material rather than relying on projects from external producers and agents.

Netflix Film Division Restructuring

Netflix is restructuring its films division, laying off 15 employees in the initial phase. New film studio chief Dan Lin is leading the effort, with projects being grouped by genre under different heads. The final plan is still being worked on.