Netflix is moving on from two projects, but filmmakers are not. Recently, we've seen a bit of a disturbing trend when it comes to streamers. They've been funding and buying projects, and then shelving them for tax write-offs. This came to light when Warner Bros. Discovery decided not to move forward with a Batgirl movie. Since then, we've seen streamers take shows off the air to avoid paying residuals and eliminate them from existence, thanks to the downfall of physical media. Well, now Netflix has joined the fray. According to The Hollywood Reporter, Netflix pulled its planned original productions Inheritance, directed by Alejandro Brugués, and House/Wife, directed by Danis Goulet, from its schedule and its slate. But, unlike other places, Netflix is actually not killing the projects. Instead, they're letting the filmmakers shop their completed projects around town, so they can find someone else to take them. Their reason for dropping the projects is that they want to maintain the same level of content spending from last year which was approximately $17 billion. Read More...
Published By: NoFilmSchool - Tuesday, 31 January, 2023