Netflix turned the TV industry upside down and Watch Vanguard Onlinebuilt itself into a powerhouse on the back of its series.
Now, it's turning its attention to the movie industry.
Netflix is planning to release around 80 original movies in 2018, chief content officer Ted Sarandos said on Monday's earnings call.
That's a considerable increase on the 50 planned for 2017. The company's film lineup includes traditional movies as well as documentaries.
This Tweet is currently unavailable. It might be loading or has been removed.
Netflix's push into movies comes as the company continues to increase its budget for original content. Netflix said on Tuesday that it could spend $8 billion in 2018 on content.
It also will help offset the dwindling number of movies on the platform made by other companies. As Netflix's power has grown, its partners are growing wary of selling off the rights to its libraries. The biggest blow to Netflix's library will come in 2019, when most all of Disney's movies will disappear.
Netflix hasn't yet had the kind of success in movies as it has with its TV series, but that could soon change. The company has numerous big-budget efforts in the works with major stars attached. There's Bright, starring Will Smith and boasting a budget near $90 million. And there's The Irishman, staring Robert De Niro and directed by Martin Scorsese.
The sheer scale of Netflix's efforts should begin to yield some hits.
This Tweet is currently unavailable. It might be loading or has been removed.
Topics Netflix
'The Office' stars recall the one word Steve Carell said that made everyone breakHuawei is running out of display suppliers as Samsung and LG bail out, report saysStarbucks makes 'strawless' lids standard in North AmericaFacebook tries to recruit more poll workers for presidential electionJessica Alba announces pregnancy with a very charming BoomerangFacebook celebrates World Emoji Day by releasing some pretty impressive factsFacebook engineer quits, says company is 'profiting off hate''Fortnite' may remove Apple ID login soon, so update your details nowWhy this 70Ed Sheeran cracks down on ticket scalpers to save his fans money'The Sims 4' now lets players visit Disney's Star Wars park inMindy Kaling is reportedly pregnant with her first child and fans are rejoicingOregon wildfires turned an enchanted forest into a nightmare, photos show'New Girl' is the ultimate quarantine comfort watchThe internet's roasting Eric Trump for not understanding that people Google animeNames like Tesla's 'Autopilot' are dangerously misleading, study showsMotorola's new Razr 5G is hopefully more durable than its last foldable disasterZoom adds twoHow much screen time is too much? What's the best educational app?Scary vengeance 'Stranger Things' Season 3 moment gets meme'd into sweet oblivion Get a taste of 'Beetlejuice' musical with 'Beautiful Sound' video: Watch Zoom lets a website turn on your Mac's camera without permission 'Stranger Things' Season 3 is home to a big ARG that's still unfolding Nintendo reveals the Switch Lite for people who just play on the go The 5 best moments from the U.S. Women's National Soccer team's victory parade Apple disables Walkie The 9 most cringeworthy brand fails of 2016 The tiny detail in the 'Stranger Things 3' finale you may have missed 'Stranger Things 3' made me want to break up with my Jim Hopper crush 'Dr. Mario World' preview: The puzzle addiction is real Serena Williams engaged to Reddit co Instagram rolls out new anti RIP MacBook, Apple's ultimate lightweight workhorse Washington, D.C. flooding photos and video show a drenched capital Richard Branson's Virgin Galactic is going public Mini Cooper is now electric and just as cute Apple announces major changes to its laptop lineup In an instant messaging world, a delayed response is anxiety inducing Twitter bans 'dehumanizing language' aimed at religious groups
2.647s , 10104.578125 kb
Copyright © 2025 Powered by 【Watch Vanguard Online】,Wisdom Convergence Information Network