Steven Spielberg's studio to make films for Netflix | Inquirer Entertainment
Close  

Steven Spielberg’s studio to make films for Netflix

/ 12:24 PM June 23, 2021
steven spielberg reuters

Director Steven Spielberg arrives for the premiere of the movie “The Adventures of Tintin” in New York, Dec. 11, 2011. Image: Reuters/Carlo Allegri

LOS ANGELES — Netflix Inc. added acclaimed filmmaker Steven Spielberg to its roster with a joint announcement on Monday of a deal for his Amblin Partners production company to supply multiple movies a year for several years.

The Academy Award-winning director of big-screen classics such as “E.T. the Extra-Terrestrial,” “Schindler’s List” and “Saving Private Ryan” will continue to direct and produce movies for Comcast Corp.’s Universal Pictures under a separate agreement.

ADVERTISEMENT

The new arrangement brings a high-profile name to the list of talent working with Netflix at a time when a host of competitors including Walt Disney Co. and Amazon.com Inc. are competing for streaming audiences.

Spielberg had been at odds with Netflix in recent years when he argued that movies seen primarily on television should be eligible for Emmys and not Oscars. He has spoken out about wanting to preserve the experience of seeing movies in theaters.

FEATURED STORIES

“My entire life has been spent trying to give audiences something in a large, large forum,” Spielberg told Reuters in 2018. “I love the whole feeling of social interaction outside… Those are the kinds of audiences I like to talk to.”

Netflix, which plans to release more than 70 movies this year, sends some of its films to theaters for limited runs. The company operates the world’s largest streaming service with nearly 209 million subscribers worldwide.

In a statement, Spielberg said discussions with Netflix co-chief executive Ted Sarandos showed “it was abundantly clear that we had an amazing opportunity to tell new stories together and reach audiences in new ways.”

Amblin produces several movies beyond the ones that Spielberg directs himself.

Recent Amblin projects included 2018 best picture winner “Green Book” and 2019 World War One drama “1917,” both distributed by Universal. It is possible Spielberg could direct some of Amblin’s movies provided to Netflix.

Financial terms of Amblin’s deal with Netflix were not disclosed. JB

ADVERTISEMENT

RELATED STORIES:

Sharon Cuneta reveals losing Steven Spielberg project due to ‘false positive’ COVID-19 test

Steven Spielberg revisits 1980s heyday in ‘Ready Player One’

The hottest entertainment news straight to your inbox

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.
Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: Amblin Entertainment, Emmys, Steven Spielberg, streaming, Theaters
For feedback, complaints, or inquiries, contact us.

Subscribe to our entertainment news

By providing an email address. I agree to the Terms of Use and
acknowledge that I have read the Privacy Policy.



© Copyright 1997-2021 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.