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ID: 53392324 Video

Headline: UNCAPTIONED: Netflix film Chief Scott Stuber is leaving to start a new company

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Netflix Film Chief Scott Stuber Is Leaving to Start a New Company. Stuber will leave Netflix in mid-March, 'Variety' reports. He has already reportedly secured financing for his new media company. The film executive has been exploring a solo venture for some time, according to an anonymous source. "Seven years ago, Reed and Ted offered me the amazing opportunity to join Netflix and create a new home for original movies." "I am proud of what we accomplished and I am so grateful to all the filmmakers and talent who trusted us to help tell their stories." "Thank you to Ted, Reed, Greg, Bela and the entire team. I look forward to continuing to work with them in the future." Since Stuber started working at Netflix in 2017, the streamer has significantly increased film output, 'Variety' reports. In the beginning, his goal was to release as many movies as possible, but the last couple of years saw his strategy change. "We’re not trying to hit a set number of film releases. It’s about ‘Let’s make what we believe in.’ And let’s actually put forth a slate that we can stand behind." Netflix Film Chief Scott Stuber, via statement. Netflix co-CEO Ted Sarandos praised Stuber for his work. "He attracted unbelievable creative talent to Netflix, making us a premiere film studio." Netflix co-CEO Ted Sarandos, via statement. "Under his leadership, we’ve become the most nominated studio for three years in a row at the Academy Awards. Scott, thank you for your leadership and friendship and I can’t wait to see what’s next." Netflix co-CEO Ted Sarandos, via statement. THIS VIDEO MUST NOT BE EDITED FOR LENGTH TO COMBINE WITH OTHER CONTENT

Keywords: Netflix,Chief,New,Company,Scott Stuber,Statement,Variety,Leave,Media company,Film executive,Reed,Ted Sarandos,Grateful,Filmmakers,Opportunity

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