Netflix Co-CEO Clarifies Filmmaking Approach: 'There's No Appetite to Make Fewer Films'

His comments come in response to a recent NYT article about their film strategy.

Netflix co-CEO Ted Sarandos pushed back today on a recent New York Times article that reported the streaming platform is taking an approach to make their movies "better, cheaper, and less frequent" under new film chief Dan Lin.

Sarandos addressed the article during today's Q1 earnings call, during …

Netflix Co-CEO Ted Sarandos recently clarified the company's filmmaking strategy, stating there is no plan to decrease the volume of films produced. Netflix continues to embrace a strategy of abundant content creation.

Sarandos pointed out that Netflix aims to serve a varied audience by providing a broad selection of films. The platform strives to meet different preferences with offerings ranging from introspective dramas to exciting action films, establishing itself as a center for both critically acclaimed works and mainstream hits.

He also mentioned that Netflix's filmmaking enthusiasm is fueled by the commitment to deliver top-notch entertainment to its global audience. With its extensive reach and large number of subscribers, Netflix understands the need for a constant supply of new and captivating content.

Contrary to other studios that may concentrate on a limited number of high-budget films, Netflix's method is to offer a diverse array of movies, from independent treasures to large-scale productions. Sarandos asserts that this variety is crucial for retaining a devoted and content audience.

In conclusion, Netflix's dedication to a vast film production is steadfast. Viewers can anticipate a continuous flow of engaging films across various genres and scales.

Source: Variety