Netflix's Film Strategy Unchanged Despite Scott Stuber's Departure
Co-CEO Ted Sarandos emphasizes the global success and recognition of Netflix's original films, plans to maintain the blend of licensed and original content.
- Netflix's film strategy will remain unchanged despite the departure of film chairman Scott Stuber, according to co-CEO Ted Sarandos.
- Netflix's original films are attracting some of the biggest audiences globally, outperforming licensed titles.
- Netflix's original films received 18 Oscar nominations across 10 different films.
- Scott Stuber, who joined Netflix in 2017, had significantly increased the streamer’s original film output and forged important relationships with Oscar winners.
- Scott Stuber is expected to stay on through mid-March, with a successor to be recruited by chief content officer Bela Bajaria.