Netflix May Recall Big-Budget Movies As Massive Streaming Company Evaluates Future Plans

Everyone is discussing where Netflix is ​​headed since the market crashed due to the company losing subscribers. Subscription prices have gone up and fans are not happy. Now, more and more competitors are entering the massive streaming market and Netflix is ​​losing its biggest streaming deals that kept its watchers subscribed. They have taken a step back and are looking to take big steps forward.

Netflix has major changes in store

Netflix previously took the animation division to the next level and this is one of the weirdest highlights of how this type of cinema is still getting the scapegoat these days. The future of animation seems rather questionable. The Hollywood Reporter points out that Netflix should do its biggest reassessment in the form of Scott Stuberfeature film division.

Apparently, Netflix has laid off 150 employees, or 2% of its workforce, as they are still revamping their projects. All divisions are mainly affected and Netflix plans to release larger but fewer productions. Previously, they tried to approach the arthouse genre with products from industry masters, now they notice that these projects don’t have to be successful. Ted Sarandos shared on an April earnings call:

“Today we release some of the most popular and watched films in the world. Over the past few months, things like Don’t look up and red notice and Project Adam, as examples of this. But what is bigger, better. less of.”

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The future looks a little different for Netflix. That doesn’t technically mean they’ll cut back on smaller projects, but they will scale back more in the future. They have decided to reduce the number of films they will produce and may move away from big budget projects.

Netflix Stranger Things Season 4

Netflix is ​​more algorithm driven than any other studio. They seem to have finally realized that the amount of movies they released at high production values ​​weren’t giving them what they wanted and the result is a reminder of that. We will keep an eye on how many projects this will affect in the future.

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We hope to continue to see passion projects and are sad to see some of the high production films being phased out. The price is also what fans struggle with. Netflix has increased its subscription prices and many fans are worried about whether their favorite movie or show will still be available. Yet we will look stranger things Season 4 because Netflix did a brilliant job with this new season.

netflix

What do you think of Netflix possibly recalling larger projects? Will fans want to continue their subscription to the streaming service? Let us know in the comments below or on our social networks!

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Source: Murphy’s Multiverse

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