The Scott Stuber-run division is adjusting to a new set of realities as it readies a $200 million-plus ‘The Gray Man’ from the ‘Avengers: Endgame’ helmers and a pricey set of ‘Knives Out’ sequels.
— the next chapter of the whodunit franchise from director, for which Netflix hammered out a $469 million deal in March 2021 — is set to bow in the fourth quarter of this year. “The upcoming slate in ’22, we’re confident, is better and more impactful than it was in ’21,” Sarandos noted to analysts on the April call.
Animation is also under scrutiny, with a disciplined ax taken to projects that were on the bubble and the frequency of releases also being diminished, although a “new movie every week” is still the goal, be it live action or animation. The moves are a far cry from only a few years ago, when movies that cost over $100 million or $150 million were rare. That was also the time when Netflix was frequently cited in the media as the savior of the mid-budget movie, and of such once-theatrical staples as romantic comedies and thrillers.
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