Netflix Boss Ted Sarandos Pours Cold Water On New York Times’ Report That Dan Lin Wants To Make Movies “Better, Cheaper And Less Frequent”
deadline.comWith Aladdin producer Dan Lin taking over film leadership at Netflix from Scott Stuber, there will still be a commitment to a robust feature slate.
Such was the streamer’s co-CEO statements today on the company’s earnings call. Fielding a question from analyst Richard Greenfield about the New York Times report that reported Lin’s mandate was to make movies at Netflix “better, cheaper and less frequent” and how such a formula is possible, Sarandos defended, “We did not participate in that article.” Sarandos said “that’s not a quote from Dan.” “There’s no appetite to make fewer films,” said Sarandos, the streamer having release some 50 original features last year alone, with some previous year tentpoles costing the studio north of $200M, i.e.
the Russo Brothers’ The Gray Man and some prestige pics like Noah Baumbach’s White Noise as much as $140M. And’s that’s without any downstream revenues a la a regular major studio theatrical title.
Sarandos did add, “(There’s) an unlimited appetite to make better films.” RELATED: Netflix Co-CEO Ted Sarandos Sees 2023 Pay Package Push $50 Million The exec continues to stand on message, for in during January’s Q4 earnings call, Sarandos said post Stuber, “We do not plan to change our strategy or the mix” when it comes to film. “We’re super excited to have Dan join the company, he joined a few weeks ago, and he’s running 100 miles per hour,” added the Netflix Boss.
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