Netflix's New Film Head Shifts Strategy

  • 2 months ago
Get ready for a new era of Netflix movies. The streaming giant appointed a new head of its film division and he's shifting away from the high-budget blockbusters and prestige dramas of the past several years. Dan Lin, producer of films like 'the Lego movie' and the adaptation of Stephen King's 'It,' has already made changes to the department. According to the New York Times, that includes layoffs of roughly 10% of the staff and shifting towards developing smaller and mid-budget projects.