Amblin Partners and Netflix have forged a partnership, one that will see the company headed by Steven Spielberg produce multiple new feature films for the streaming service every year.
The move is surprising and a sign of the major changes taking place in Hollywood, in part because Spielberg has previously been seen as something of a Netflix skeptic.
In 2019, for instance, the director reportedly urged the Academy of Motion Picture Arts and Sciences to bar day-and-date streaming releases from being eligible for Oscars.
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Steven Spielberg’s Amblin Partners, Netflix Forge Film Deal in Sign of Changing Hollywood https://t.co/w4njifRk9O
— Variety (@Variety) June 21, 2021