Netflix‘s film chief Scott Stuber is leaving the streamer to start a new production company. The exec will stay at Netflix through the middle of March, after which chief content officer Bela Bajaria will find his replacement, according to those familiar with the situation.
Stuber has secured financing for this new endeavor, which will focus on making TV shows and movies, according to Bloomberg, which first reported the news of Stuber’s departure.
Stuber’s exit from the company has been rumored for some time now. The well-liked film executive had been talking to potential financiers about a solo venture, according to a knowledgeable source. “Seven years ago, Reed and Ted offered me the amazing opportunity to join Netflix and create a new home for original movies,” Stuber said in a statement. “I am proud of what we accomplished and am so grateful to all the filmmakers and talent who trusted us to help tell their stories.
Thank you to Ted, Reed, Greg, Bela and the entire team. I look forward to continuing to work with them in the future.” Stuber joined Netflix in 2017 and oversaw the acquisition, development and production of movies like “Red Notice,” “Bird Box” and “Glass Onion: A Knives Out Mystery.” He also lured top directorial talent such as Alfonso Cuarón, Spike Lee, Greta Gerwig, Zack Snyder, Jane Campion and Martin Scorsese.
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