Netflix Is Set Up to Produce 90 Films a Year With Budgets Up to $200 Million

Movie Netflix by Joey Paur

It’s no secret that Netflix is dominating Hollywood. They are also doing a pretty good job at dominating their streaming service competition.

They are constantly pumping out original content and taking things to another level, going way beyond what the major studios are doing in Hollywood. Some of their more recent big movie projects include Outlaw King, The Ballad of Buster Scruggs, Roma, Apostle, Dumplin, Hold The Dark, 22 July, and that barely scratches the surface.

In a recent interview with with New York Times, Netflix’s Movie Chief, Mr. Stuber, revealed that the company is set up to “supply 55 original films a year, including some with budgets as high as $200 million.” Then if you add in “documentaries and animated movies, handled by other divisions, and the number of annual Netflix film releases climbs to about 90.”

Just to give you a little comparison, Universal Pictures only releases roughly 30 movies a year. That’s about average for any studio, yet here’;s Netflix pumping out up to 90 a year with comparable budgets!

We know that Netflix is making a big push to up the quality of their movies as well. For the most part they have been hit or miss, but they have an upcoming slate that seems pretty impressive. When talking about what they are looking to accomplish, Stuber says:

“We’re trying to build a new studio that is exciting for artists. As we do that, it’s important to be open to criticism. When a great artist says, ‘Hey, this doesn’t work,’ then we’d better try to fix it. For some of our filmmakers, that means having a theatrical release and contending for awards.”

We’ve been seeing a lot of big talent jumping on board the Netflix bandwagon, and for the most part, it seems like many of these filmmakers and actors have had nothing but positive experiences. Director Martin Scorsese is one of them, and this is what he had to say in a statement:

“Some might say, ‘It’s Netflix, it’s not about theatrical, it’s all about streaming.’ To a certain extent that’s true, of course, and, for me, coming from the theatrical era, it feels odd and uncertain — Joel and Ethan and Alfonso Cuarón and Tamara Jenkins would probably say the same. But we’re all making the films as big-screen experiences, and they’re giving us theatrical windows. And, most importantly of all, Scott and his team are actually making our movies, from a place of respect and love for cinema, and that means everything.”

Stuber went on to say:

“In a world where consumer choice is driving everything — how we shop, how we order groceries, how we are entertained — we’re trying to get to a place where consumers have theatrical viewing as a choice. But we also think it is critical that, if you don’t have the means or the access or the time to go to a theater, you are still able to see movies without a long wait.”

I really like what Netflix is doing and where they are headed. The content they provide is going to get better and better as they continue to grow, and it’s pretty awesome that they are giving filmmakers the creative outlet and freedom to make the movies that they want to make. There’s nothing wrong with that.

What I like about this most is that Netflix is willing to take chances on new and original stories that filmmakers want to tell that the big studios don’t want to take a chance on.

What are your thoughts on how Netflix is dominating the Hollywood landscape?

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