According to foreign media reports, Netflix's feature film department will try to reduce filming investment due to factors such as lagging user growth and increasing competition. Since this year, the streaming media has lost 150 employees due to the loss of users and the decline of stock. It is reported that Netflix hopes to focus on making larger and better movies, and slow down the distribution frequency, that is, "bigger, better and less".
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Don't look up
The success of several big investment films, such as "don't look up", "red wanted" and "Adam plan", has led Netflix to decide to reduce the production and distribution of small and medium-sized cost and art films. An insider said: "small cost films will not disappear, but they may become more niche to cater to enthusiastic audiences."
In the coming weeks, Netflix will also meet with producers and directors to discuss the scale and type. In any case, the era of Netflix's rapid growth of "just giving money and not interfering in production" has ended, and there will be fewer and fewer such things as lavishing $170million on the Irish.
Adam plan