Netflix is ready to take filmmaking seriously.
The streaming giant revealed their plans for 2025 when it comes to movies, which is to make fewer movies moving forward, but make ones that are consistently good.
The news comes from Bloomberg, who reported that Dan Lin, Netflix’s film chairman, has decided to cut the streamer’s annual output in half, from 50 movies a year to just 25-30. Netflix will continue to release “tentpole features” (aka big budget flicks) once a quarter, but the overall goal is to bring “costs under control.”
Netflix has dabbled in prestige filmmaking a few times, releasing movies from critically acclaimed directors like Martin Scorsese, David Fincher and most recently Richard Linklater. But for the last few years, Netflix’s film division seemed to operate under the motto “quantity, not quality.” That strategy has been clear with films like Hubie Halloween and nearly every Hallmark-knock-off rom-com the studio has released.
It’s unclear what this means for the films currently in development at Netflix, but if they’re going to give us more high-quality movies, we’re not complaining.