Ted Sarandos defends Netflix business model

Ted Sarandos made the declare that Netflix is encouraging administrators to make their finest work ever on the streaming service.

You may suppose you’re a Netflix junkie simply since you’ll binge Love Is Blind for a complete Sunday, however no person is a much bigger fan of the steamer than CEO Ted Sarandos. And who can blame him? Since approaching board and taking on the place, Sarandos has helped Netflix develop right into a behemoth throughout the film and TV industries, now with a serious funding in dwell sports activities. While there’s fixed content material being pushed on the streaming service, what function does it actually have for the filmmakers?

Ted Sarandos not too long ago defended Netflix’s insistence on sticking with their model, which is actually shunning theatrical releases as a lot as doable. As per Deadline, Sarandos acknowledged, “We believe that not making them wait for months to watch the movie that everyone’s talking about adds that value. So what we do for filmmakers is, we…bring them the biggest audience in the world for their films, and then we help them make the best films of their life.” He added, “I’m just going to reiterate, we are in the subscriptions streaming business, and you can see our results. It’s a pretty good business and it appeals to a very large segment of consumers and fans.” We can all admit that it’s simply plain simpler to press play on the distant than it’s to undergo the so-called problem of going to the films. But is Netflix actually encouraging administrators to supply their finest work or is it extra about producing content material? Judging by the truth that Sarandos stated the viewer numbers comes earlier than the movie high quality itself, nicely…

So, what are these “consumers and fans” contributing to the filmmakers? Sarandos added, “Our top 10 films that premiere on Netflix all have over 100 million views, among the most watched films in the world. It’s our desire to connect keep adding value to our consumers for their subscription dollar.” This is a stance that’s typically argued in favor of subscription companies, though there’s a false equivalency at play, as Sarandos would go on to counsel that any film that will get 100 million views is akin to creating $1 billion on the field workplace (going off of common film ticket costs).

As far as precise accolades, Sarandos did level out that Netflix has launched 9 Best Picture nominees (positioning it between RKO and Orion), though contemplating they’ve produced over 4,000 unique motion pictures in lower than a decade since their first, we’re not so certain how a lot backpatting must be achieved…Historically talking, solely Focus Features has extra Best Picture contenders with out a win.

What do you make of Ted Sarandos’ feedback relating to Netflix? We’d love to listen to your ideas under.