Menu

Search

  |   Business

Menu

  |   Business

Search

Netflix's Film Chief Scott Stuber Departs to Launch Own Venture

Netflix Film's chief confirms departure to have his own firm.

Netflix Inc. is set to lose its chief of film, Scott Stuber, as he revealed this departure plans to start his own company. He will be leaving the world’s leading streaming service provider, and this was confirmed on Monday, Jan. 22.

Stuber has been credited for helping Netflix succeed in the business. He is said to have also played a role in paving the way for the entertainment industry to enter the streaming era.

Stuber’s Work for Netflix

As per The New York Times, the reports of Stuber’s departure from Netflix Film came out on the eve of the Oscar nominations. It was mentioned that under his leadership, which started in 2017, the company successfully pushed eight films to be included in the best picture category.

Then again, although being nominated is already a big honor, a win would have made the experience even more fulfilling. Netflix failed to garner a Best Picture trophy at the Oscars, but its entries are still considered the best.

Stuber brought Oscar-winning filmmakers such as Martin Scorsese, Jane Campion, Spike Lee, and Alfonso Cuarón to Netflix, which is already a huge achievement. Netflix’s Oscar nominations include films from 2020, 2021, and 2022, and the entries were Mr. Scorsese’s “The Irishman,” Mr. Cuarón’s “Roma,” and Ms. Campion’s “The Power of the Dog.”

Stuber Expressed Gratefulness to Netflix

“Scott has helped lead the new paradigm of how movies are made, distributed and watched,” Netflix’s co-chief executive, Ted Sarandos, said in a statement. “He attracted unbelievable creative talent to Netflix, making us a premiere film studio.”

On the other hand, The Hollywood Reporter quoted Stuber as saying, “Seven years ago, Reed and Ted offered me the amazing opportunity to join Netflix and create a new home for original movies. I am proud of what we accomplished and am so grateful to all the filmmakers and talent who trusted us to help tell their stories. Thank you to Ted, Reed, Greg, Bela and the entire team, and I look forward to continuing to work with them in the future.”

Photo by: Venti Views/Unsplash

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.