Mr. Stuber, armed with Netflix’s debt-financed war chest, has films coming from Martin Scorsese, Steven Soderbergh, Dee Rees, Guillermo del Toro, Noah Baumbach and the king of spectacle, Michael Bay. Mr. Stuber’s operation is set up to supply 55 original films a year, including some with budgets as high as $200 million. Add in documentaries and animated movies, handled by other divisions, and the number of annual Netflix film releases climbs to about 90. To compare, Universal, one of Hollywood’s most prolific traditional studios, releases roughly 30 movies a year. To qualify for awards, a handful of Netflix movies appear simultaneously online and in art theaters in New York and Los Angeles.

Source: New York Times December 16, 2018 18:45 UTC