Steven Spielberg’s Amblin Partners, Netflix Forge Film Deal in Sign of Changing Hollywood

Steven Spielberg’s Amblin Partners, Netflix Forge Film Deal in Sign of Changing Hollywood
Amblin Partners and Netflix have forged a partnership, one that will see the company headed by Steven Spielberg produce multiple new feature films for the streaming service every year. The pact gives Netflix access to one of the most legendary directors in the movie business at a time when competition in the streaming space is growing fiercer with the launch of Disney Plus, HBO Max and other challengers.

The move is surprising and a sign of the major changes taking place in Hollywood, in part because Spielberg has previously been seen as something of a Netflix skeptic. In 2019, for instance, the director reportedly urged the Academy of Motion Picture Arts and Sciences to bar day-and-date streaming releases from being eligible for Oscars. Sources close to the director, however, dispute that Spielberg ever tried to bar Netflix from eligibility. He later clarified his position in a statement to The New York Times,
See full article at Variety »

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