Faux Report

Netflix Announces Plans To Ditch Hollywood Films, Plans To Focus Only On Original Content

 

SAN DIMAS, California – 

Netflix, everyone’s favorite streaming platform, has – as of late – become an internet joke. For every person who absolutely loves the service, another ten people complain about the lack of new movies and original content, noting that the service often fills their back catalog with old titles and cheap B-movies.

It’s because of this feedback that Netflix has announced their most drastic change since the company began nearly 20 years ago. Starting in June, Netflix say they will completely phase out their licensing agreements with Hollywood studios, and instead rely solely on original, Netflix-created content.

“This change will be our biggest yet, but we’re also betting that it will be the most positive,” said CEO Reed Hastings. “Our numbers for original programming like Stranger Things and Orange is the New Black are through the roof, whereas the film selection are often very sparing. Focusing on original content will help us align ourselves as, essentially, the TV network that everyone is watching.”

Hastings did say that although they are going to do away with licensing of Hollywood movies, it doesn’t mean they are going to stop bringing in shows that have been re-branded for Netflix.

Black Mirror brings in huge numbers for us, and although it’s not a Netflix original, it is the only place to stream the show here in the United States,” said Hastings. “We will continue to run that show, as well as bringing in other series that air outside of the country. We will also be co-producing new episodes in partnership with the BBC.”

So far, comments on the change have been positive, with nearly everyone excited about having a provider that focuses exclusively on original content, and isn’t bogged down with filling space with dead items. Hastings also noted that DVD Netflix, the service that delivers physical media to users’ mailboxes, will go unchanged.

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