Steven Spielberg signs million dollar partnership with Netflix after years of platform criticism

Another acclaimed Hollywood filmmaker has joined Netflix’s lobby of creative contributors. Oscar-winning actor Steven Spielberg has teamed up with the streaming giant to produce “several films a year.”

Through an official statement, the creator of production company Amblin Entertainment celebrated the new union of forces, highlighting his enthusiasm for telling new stories with the subscription service:

“At Amblin, storytelling will forever be at the heart of everything we do, and from the minute Ted [Sarandos] and I started discussing a partnership, it was clear that we had an amazing opportunity to tell new stories together and reach audiences in different ways. This new journey for our films, along with the stories we continue to tell our longtime family at Universal and our other partners, will be incredibly rewarding for me personally as we embark on it with Ted. And I can’t wait to start working with him, Scott, and the entire Netflix team.

Streaming CEO Ted Sarandos also celebrated the new partnership – the value of which has not been officially revealed – noting how his creation was influenced by iconic Spielberg characteristics:

“Steven is a visionary and creative leader and like so many around the world my growth has been shaped by his memorable characters and stories that have spanned so many years and continue to inspire and awaken so many people. We can’t wait to start working with the Amblin team and we are honored and thrilled to be a part of this chapter in Steven’s cinematic history.

In March 2018, Spielberg sharply criticized streaming services, saying they represented “a clear and present danger” to cinema by keeping viewers away from the big screen.

At the time, he added that movies released on Netflix or Amazon Prime were TV movies that deserved to be considered for an Emmy, not an Oscar. A year later, after Alfonso Cuarón’s “Roma” (a release on Netflix) won the Best Director award and two more Oscar statuettes, Spielberg conveyed his disapproval directly to the Academy’s Board of Governors. cinema arts and sciences.

His argument doesn’t seem to hold up, given the number of movies made by streaming services that have won Oscar nominations this year.

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