Doug Belgrad is joining Netflix as Vice President of Film. He’s Dan Lin‘s first hire after Lin replaced Scott Stuber and laid off a bunch of staff.
Stuber courted top filmmakers for years with hopes Netflix would embrace theatrical releases. We’ve heard rumors of buyer regret as films like Knives Out: Glass Onion sacrificed chances for big international grosses and went straight to streaming.
No one can feel sorry, given the size of that deal, but streaming strategies are changing. Netflix is moving forward with a clearer mandate to make its movie slates specifically for its vast streaming audience, with platform releases happening only for films Netflix wants to qualify for awards consideration.
Belgrad spent 25 years, and was co-president under Amy Pascal. Upon exiting, he formed 2.0 Entertainment, and produced Gran Turismo and Bad Boys: Ride Or Die.
Read more on deadline.com