News Summary

• “Under his leadership, we’ve become the most nominated studio for three years in a row at the Academy Awards — eight best picture nominations, two best international feature Oscars, two best documentary feature Oscars and our first best animated feature Oscar..
• And it comes after a larger, longer series of exits in the streamer’s film division.Less than a year ago, Lisa Nishimura, who was Netflix’s vp independent film and documentary features, abruptly departed the company..
• The era began with the Will Smith starrer Bright, the 2017 film that had a reported budget of $90 million, a hefty number that turned heads at the time but would soon look quaint compared to what was to come..
• Sarandos said in a statement that Stuber “helped lead the new paradigm of how movies are made, distributed and watched.“He attracted unbelievable creative talent to Netflix, making us a premiere film studio,” he continued..
• Ian Bricke, vp original film, also left at the time and was known for pioneering Netflix’s rom-com dominance, with the exec championing projects like To All the Boys I’ve Loved Before and the Kissing Booth films..
• Netflix also shelled out $469 million for two Knives Out sequels from Rian Johnson, while it gave Snyder a $165 million budget (and likely more) for his two-part Rebel Moon films..