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Netflix is planning to release 80 original movies in 2018

10.16.2017

Netflix

Although there are still several months left in 2017, this past year has seen Netflix greatly expanding its output of original movies, which included films such as OKJA, GERALD'S GAME, FIRST THEY KILLED MY FATHER, and THE MEYEROWITZ STORIES, but Netflix will be looking to grow even further in the next year. During Netflix’s third-quarter investors interview, chief content officer Ted Sarandos revealed that they're looking to release around 80 original films in 2018. Damn.

Ted Sarandos said that these movies will "range anywhere from the million-dollar Sundance hit, all the way up to something on a much larger scale," such as David Ayer's BRIGHT starring Will Smith and Joel Edgerton. Sarandos said that the upcoming release of the "big-budget, event movie" will allow people to begin to see "the potential for this original movie initiative, that it could be done on the enormous scale we have on the television side." This new influx of original content won't come cheap however, as Netflix said that its content spending in 2018 will be between $7 billion and $8 billion, which is up from $6 billion this year. There are certainly exceptions, but I can't say that many of Netflix's feature-films have been particularly memorable, but the company has made an effort to acquire much more prestigious fare over the past year, and I'll likely be singing a very different tune this time next year, especially as Martin Scorsese's THE IRISHMAN will only be a few months away as it's excepted to debut in early 2019.

An adaption of Stephen King's 1922, starring Thomas Jane and Molly Parker, will be released on October 20th, as will WHEELMAN, an action-thriller starring Frank Grillo. We still have a little longer to wait for BRIGHT, which will debut on Netflix on December 22, 2017.

Source: Variety
Tags: Netflix

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