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.
Key Points
- New film chief Dan Lin aims to produce more original content
- Netflix will no longer heavily invest in expensive action flicks and 'auteur' movies
- Shifting focus to developing own material instead of relying on external projects
Pros
- Focusing on developing original material could result in higher quality films
- Shifting away from expensive blockbusters and 'auteur' movies may lead to more sustainable financial practices
Cons
- May lose out on star power and prestige associated with big-name directors and actors
- Risk of alienating subscribers who enjoyed Netflix's previous content offerings