
Show Notes
How do you solve a problem like Netflix Film, and who is best positioned to figure it out?
“As currently constructed, it’s an impossible job,” Richard Rushfield tells Elaine Low and Sean McNulty on this week’s pod. The problem? Netflix wants to churn out 30-plus movies a year, deliver the next KPop Demon Hunters, compete for Oscars and somehow make films that actually become cultural events. And it’s increasingly failing at that last part. Netflix, Richard warns, is “starting to look like the Walmart of streaming” — and losing market share in the process.
With Dan “Lego” Lin out after just two years, Rice faces a fundamental choice: Does Netflix need more crowd-pleasing programmers (even if the mission is now steaks, not gourmet cheeseburgers), bigger theatrical swings or the kind of movies that restore its reputation as Hollywood’s most exciting disruptor? Or, frankly, all of the above?
Two years ago — with prescience and accuracy that would make the prediction markets blush — Richard said Lin should get the top job. The suggestion was so unexpected that even Netflix itself hadn’t thought of the prolific producer until Richard’s column. Now Richard’s back with his crystal ball. Obvious contenders include former Warner Bros. film chiefs Mike De Luca and Pam Abdy, along with veteran Emma Watts. But Richard has a much more provocative proposal about who ultimately gets the job.
Take a listen to find out Richard’s surprise picks — and whether he’s about to call Hollywood’s biggest hiring decision right for a second time. Learn more about your ad choices. Visit megaphone.fm/adchoices
More from Ankler Agenda
To hear Ted Sarandos tell it, things are going great at Netflix.
Steve Hilton has been talking with David Ellison, Ted Sarandos and Trump Hollywood ambassador Jon Voight about how to bring production back to California. And the Republican candidate for governor has a big idea: blow past the state’s existing film tax incentives with an uncapped credit that could reach 40 percent, covering everything from stars’ salaries to animation and postproduction.
David Ellison has an ambitious pitch for Hollywood: Skydance will spend more on content than Netflix or Disney, crank out roughly 190 series and 30 movies a year, find at least $6 billion in savings and pay down its mountain of debt. All while keeping the creative community happy. How, exactly, is all of that supposed to work when even Wall Street doesn’t see it?
The new Paramount is taking shape fast. On the eve of the Warner Bros. deal concluding, David Ellison is bringing in fresh blood — and bloodletting. Former Mattel chief Ynon Kreiz boards as the surprise co-CEO, charged with day-to-day management and integration (read: layoffs). And after months of heated rivalry between Cindy Holland and Casey Bloys over who would control the combined company’s original-content future, we have an answer: it’s Casey at the bat.
Mike Schur calls Paramount’s acquisition of Warner Bros. a “nightmare scenario” for Hollywood — and now that David Ellison has cleared the biggest obstacle to getting the deal done, he’s even more alarmed about what comes next. “It’s gasoline on a fire,” the Parks and Recreation co-creator and Dig producer tells Elaine Low, pointing to an industry already hollowed out by years of consolidation. “I hate to be doomsday-ish here… but the ecosystem is just shrinking and shrinking and shrinking.”