Netflix plans to spend more than $6 billion on its programming next year. It has become one of the largest production houses and, for other networks, it is difficult to keep up with it...
"It is starting to kill us poor cable television," said Bonnie Hammer, head of NBCUniversal and head of 10 networks under the brand, during a panel of television executives organized by the entertainment magazine The Hollywood reporter.
At the event, Nancy Dubuc, president of A&E, acknowledged that offering costs Competitive production processes can be "a headache," but that's generally defined by whether the final story is true to the brand.
This year, Netflix made headlines for reportedly spending more than $120 million to produce the series The Get Down, which will premiere on August 12.
Budget isn't everything...
...There's also the issue of budget. quality.
"Spending a lot of money does not mean making quality television" nor is it a guarantee of high audiences, said HBO director Richard Pleper.
High profile on screen and talent behind the cameras does not buy success, as shown by the HBO program Vinyl. The series, whose executive producer is Martin Scorsese, was going to film a second season but the network ultimately decided not to continue with the project.
"We looked at where we were and the question on the table was 'Can it be great?' You have to answer that very coldly and honestly," Pleper explained. "And if you come to the conclusion that it's only going to be good... you have to say "Let's go to something else." They are difficult determinations, but that's what they pay us for." Does it work?">Netflix has found "products where you don't see greatness," said Ted Sarandos, head of content for the streaming service. Such was the case with Stranger Things, the company's most recent success.
"They are new filmmakers (the Duffer brothers) and they had a whole cast of unknowns," Sarandos said. "Winona Ryder and Matthew Modine complement them, but these kids came out of nowhere," he said.
Updated on: 11/08/2016 00:00:00
Source of Information: CNN Expansion
