Amblin from Spielberg will make several films per year for Netflix | Your money
NEW YORK (AP) – Steven Spielberg, a filmmaker synonymous with enchantment on the big screen, has struck a new deal with Netflix in which his production company, Amblin Partners, will make several feature films per year for the streaming giant.
The partnership, long courted by Netflix’s chief content officer Ted Sarandos, is a huge plus for the company which, amid increasing competition, is perhaps more officially bringing the most beloved director into the fold of streaming.
The deal announced on Monday does not specifically include any films to be directed by Spielberg. In December, it will release “West Side Story” in theaters with Disney’s 20th Century Studios. Amblin has a separate agreement with Universal Pictures for theatrical releases.
“At Amblin, storytelling will forever be at the center of everything we do, and from the moment Ted and I started discussing a partnership, it was abundantly clear that we had an incredible opportunity to tell stories. new stories together and reaching audiences in new ways, ”Spielberg said in a statement. “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 rewarding for me personally as we get to get started with Ted, and I can’t wait. to start with him, Scott and the entire Netflix team.
Amblin, which takes its name from a 1968 Spielberg short, helped produce a wide variety of films aside from those made by my Spielberg, most notably “1917” and “Green Book”. The two companies have previously worked together on television series and Aaron Sorkin’s film “The Trial of the Chicago 7,” an Amblin co-produced film that was sold by Paramount Pictures to Netflix during the pandemic.
Spielberg has at times been seen as opposed to a streaming future for films. A Deadline Hollywood headline on Monday’s ad wondered: “Hell freezes? “
But Spielberg in 2019 objected to the anti-streaming impression associated with it. Reports then circulated that Spielberg believed streaming releases – which he compared to films made for television – should compete for the Emmys, not the Oscars. “I firmly believe that cinemas must exist forever,” Spielberg said that year.
He said that big or small screen, “what really matters to me is a great story and everyone should have access to great stories”.
“However, I think people need to be able to leave the safe and familiar place of their lives and go to a place where they can sit in the company of others and share an experience – crying together, laugh together, be afraid together – so that when it’s over they will feel a little less like strangers, ”Spielberg wrote in a e-mail to the New York Times. “I want to see the survival of movie theaters. I want the theatrical experience to remain relevant in our culture.”
The lines have also faded since then. While Netflix has granted exclusive theatrical releases of a week or more to some of its most important releases, mainstream studios like Disney and Warner Bros. have adopted more hybrid output models that send movies simultaneously to streaming services.
“Steven is a creative visionary and a leader and, like so many others in the world, my childhood was shaped by his memorable characters and stories that were enduring, inspiring and awakening,” said Sarandos. “We can’t wait to get down to business with the Amblin team and we are honored and thrilled to be a part of this chapter in Steven’s cinematic history.
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