"Netflix Film Chief's Departure: Impact on Streaming Strategy"
Scott Stuber's departure as head of film at Netflix may signal a major shift in the streaming giant's movie strategy, as the company rethinks its $17 billion annual content budget and its approach to original films. Stuber's frustration with Netflix's lack of full theatrical releases and the company's struggle to win major awards like the Oscars may have contributed to his exit. With Netflix potentially refocusing on middle-of-the-road programming, some industry insiders believe the streaming service may become a place of last resort for movie projects if it continues to eschew theatrical releases.