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Completed and ready to pour! Netflix doesn’t stream movies even after they’re made. Until the creator has to offer to sell to other owners instead of | Brand Inside

Or will Cancel Culture be Netflix’s new corporate culture? But Cancel Culture doesn’t mean banning famous people for bad behavior. But it also means slowly canceling movies and series that Netflix has deemed unsuccessful.

Netflix has long been criticized by its users for abandoning sequels to their favorite series, which the company considers unsuccessful and low-form yet canceling the finished film on the platform .

The Hollywood Reporter reports that Netflix has canceled two completed films and plans to stream them: The Inheritance a House/Wife Instead, the creators of both films will bring the film to other platforms.

film The Inheritance directed by Alejandro Brugués and produced by Paul Schiff. House/Wife Danis Goulet directs, with Tripp Vinson and Daniel Bekerman producing.

The reason for canceling the film after it was completed is unclear, but Netflix isn’t the only major movie streaming platform to have this happen. Because HBO Max previously announced the cancellation of the DC movie. Batgirl and animated films Scoop! Holiday Haunt after the building was completed This is said to be due to a new business strategy by parent company Warner Bros. Discovery to deduct taxes from the film budget.

There is a difference between Netflix and HBO Max. Because there is a possibility that movies canceled by Netflix will be bought by other streaming platforms and released.publicUltimately, unlike HBO Max movies, there is no chance for them to be released to the public.

In the period after the spread of the COVID-19 virus It was considered a difficult year for the film industry, which had to cancel films and series midway through filming or even after filming because they were unable generating revenue from screenings in theatres. This prompted filmmakers including Sony and Paramount to bring the film to streaming instead.

Netflix is ​​trying to manage its $17 billion spend on content creation. in recent years Last week, Netflix revealed that during the fourth quarter of last year it saw 7.66 million additional monthly pay users.

Netflix co-CEO Ted Sarandos previously said in an interview that Netflix has never canceled a hit series. But a canceled series is one where the budget and viewers don’t match, in other words, it costs a lot of money but doesn’t attract many viewers.

So why cancel both movies, even though they’re already finished, since Netflix doesn’t even know how many of them will be watched?

Source – The Hollywood Reporter, Bloomberg

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