"In one fell swoop, Netflix gets an A+ filmmaker name AND silences a critic. Smart," one top producer tells TheWrap
Netflix scored a major coup on Monday by signing a multipicture deal with Steven Spielberg's Amblin Partners -- just two years after the Oscar-winning director criticized streamers for ruining the “motion picture theatrical experience” with their eagerness to bypass theaters and release movies exclusively for at-home audiences.
"Steven was a vocal holdout opposing Netflix," one top producer told TheWrap, offering praise for Netflix co-CEO Ted Sarandos. "You can bet Ted showered him with beaucoup money and controls. I scarcely think he'll be answering to (Netflix head of original films) Scott Stuber. In one fell swoop, Netflix gets an A+ filmmaker name and silences a critic. Smart."