Steven Spielberg breaks ranks and signs a multi-picture deal with Netflix. A couple of years ago, Spielberg was the most prominent voice in a push to keep movies in theaters and away from streaming platforms. Following the pandemic and an evolving film release standard, Spielberg has changed his tune.
“At Amblin, storytelling will forever be at the center of everything we do, and from the minute Ted and I started discussing a partnership, it was abundantly clear that we had an amazing opportunity to tell new stories together and reach audiences in new ways. This new avenue for our films, alongside the stories we continue to tell with our longtime family at Universal and our other partners, will be incredibly fulfilling for me personally since we get to embark on it together with Ted, and I can’t wait to get started with him, Scott, and the entire Netflix team.”Steven Spielberg
Amblin, Steven Spielberg’s studio, will continue to publish under their relationship with Universal. This new partnership will bring additional films not intended for theaters. Both Amblin and Netflix are excited about this new friendship. Spielberg’s name on a film generally signifies a quality movie. Netflix knows the power of a director’s branding. Zack Snyder’s Army of the Dead was a bigger hit than expected following the Snyder Cut drama of 2020.
Steven Spielberg’s coming around to streaming is likely fiscally motivated. But nevertheless, we get more well-made movies on our favorite streaming services. It’s a win-win for us movie watchers!