Jane Campion, Oscar-winning director of Netflix the power of the dogThe recent loss of Netflix subscribers is believed to affect how the streamer approaches the content they produce and distribute in the future.
In an interview with BBC News, Campion was asked about his film’s loss of Best Picture at the 2022 Oscars earlier this year and how much of the budget Netflix actually offered him. the power of the dog And where your strategy can go, both with new projects and existing creative relationships.
The director says that when it comes to affecting his relationship with the streamer, he doesn’t think it would be “hard for me if I wanted to do something because I’ve built a relationship and they’re incredibly loyal. “But when it comes to new relationships and future projects, Campion is a little less confident.
“I think they’ll be more demanding with other projects, or maybe they’ll regret not risking unnamed people,” he says.
Campion’s comments followed a June report. the hollywood reporter How the streamer would respond after losing 200,000 subscribers led to a 2% reduction in the company’s workforce, or about 150 jobs. Feature films, particularly the live-action family division and original independent films (which include films in the $30 million budget range), reportedly took the brunt of the cuts.
Losing the subscriber, according to various sources, could lead the company to focus more on “making bigger movies, making better movies, and releasing less than it used to,” although the details of this in practice are unclear. Lots of employees, creatives and executives.
“Just a few years ago, we were struggling to monetize the market with small art films,” said the Netflix co-head. Ted Sarandos he said during the company’s April earnings call. “Today we will premiere the most popular and watched movies in the world. Just in the last few months, something like that. don’t look up s red warning s the adam projectas examples of this.
While Campion isn’t sure about Netflix’s future in terms of content, he praised the streamer for supporting his Oscar-winning film. Telling reporters that the film’s budget was “over $30 million”, the director denied it, noting that they weren’t offering exactly that, but “something close”.
He then praised Streamer, saying that “the movie couldn’t have been made without them” because they were the only ones “willing to come close” to what they were worth with the movie’s budget.
Campion also commended the company for continuing to support Pop-Up Films, which he founded in Wellington, New Zealand, despite the current financial situation. “I was thinking, ‘Oh my God, they can take the money, they don’t realize,'” he said. “But I’m very excited not to.”
Netflix did not immediately respond to a request for comment.
Source: Hollywood Reporter
Emily Jhon is a product and service reviewer at Gossipify, known for her honest evaluations and thorough analysis. With a background in marketing and consumer research, she offers valuable insights to readers. She has been writing for Gossipify for several years and has a degree in Marketing and Consumer Research from the University of Oxford.
