Netflix continues its cancellation trend, dumping two completed movies - The Inheritance and House/Wife - before their release on the streaming platform.
Amid the ongoing Hollywood streaming content scrapping drama, Netflix is now planning on offloading two finished movies from the platform. The newest batch of films to receive that treatment is The Inheritance and House/Wife. The Inheritance was directed by Alejandro Brugués and is currently in post-production. The film stars Rachel Nichols, Peyton List, Austin Stromwell, and Bob Gunton. The other scrapped film, House/Wife, was directed by Danis Goulet.
SCREENRANT VIDEO OF THE DAY According to a report from The Hollywood Reporter, Netflix is dumping the two completed movies before their scheduled release on the streamer. The report claims that Netflix’s decision to scrap the projects comes as the company seeks to maintain the same level of content spending from last year. Their content budget last year was roughly $17 billion.
Netflix has also spent money on other projects recently. David Harbour and Anthony Mackie will star in We Have a Ghost. They also flexed their monetary power by buying the film Fair Play, which was one of the most talked-about film premieres during the Sundance Film Festival. The company's reported monetary success, combined with its willingness to spend in other areas, makes the scrapping of The Inheritance and House/Wife that much more confusing.
Canceling Completed Movies Becoming A Trend Explained Warner Bros Discovery's scrapping of the completed Batgirl movie for tax purposes is seemingly what started this ongoing restructuring within the industry. Various networks and streamers appear to be rethinking their strategies. AMC recently scrapped their 61st Street and Invitation to a Bonfire series. Like The Inheritance and House/Wife, the projects were at or near completion.
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