Netflix is pivoting away from prestige
Netflix is shifting its business strategy by ending several multiyear production deals with prominent directors. This move signals a pivot away from the company's previous focus on prestige content.
Many of Netflix's biggest critically acclaimed hits have been the products of its multiyear production deals with noted directors like David Fincher and Shawn Levy. In the past few weeks, though, the streamer has brought some of those partnerships to an end in a way that feels indicative of a larger strategic shift. With rival […]
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