For the past several years, Netflix has seemingly been opening its checkbook at every available opportunity for every creator with an idea. The era of big spending may finally be coming to an end, though, as The Information reports that Chief Content Officer Ted Sarandos recently told a substantial group of mid- and high-level film and TV executives at the company that spending needs to be more cost-effective going forward.
Former employees say that Netflix would often let the buzz and critical acclaim a project delivering justify the cost, but in the future, if the company is going to spend a lot of money on an original movie or series, it needs to do so with the expectation that the big-budget project in question will drive actual viewership.
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Netflix is finally going to stop spending so much money on original projects originally appeared on BGR.com on Mon, 1 Jul 2019 at 18:14:04 EDT. Please see our terms for use of feeds.
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