“We have a large…” – Netflix CEO Hints at the Plans to Weather the Writers’ Strike, Laying Down a Blueprint for Streaming Platforms
The current writers’ strike has left the entertainment industry gasping. All the production houses are worried about what would happen to their projects if this issue didn’t resolve in time. For instance, James Gunn has halted the latest Superman project to support the striking writers. On the other hand, streamers are in jeopardy, rushing around for the new content they promised to worldwide viewers. Amidst this dramatic change of events, Netflix seems to offer a new plan to the OTT world for how can they get through this wave without loss.
In an exclusive report by The Hollywood Reporter, it is revealed that Netflix is not troubled by the work stoppage. The CEO Ted Sarandos seems to have ideas that would help them engage their subscribers. “If there is one, we have a large base of upcoming shows and films from around the world,” the executive told the publication last month.
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He said this is a better way to serve their viewers with content that they haven’t watched earlier. Moreover, during the company’s earnings call, he added that they don’t want this to happen. However, they cannot sit back and do nothing if things get worse. So the streamer is focusing on bringing overseas content to maintain the balance.
The CEO is hopeful that fans would use this time to watch the content available on the platform. Considering people have often said that there is a huge category to explore but no time to stream.
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Will this strategy work for Netflix?
Netflix might have confidence in its strategy, but there are huge chances that this might fall short if the strike continues for months. Viewers often get furious when they do not get things as promised. So these streaming juggernauts can unsubscribe in an instant and find a new place to entertain themselves.
At this moment, only time will tell what will happen to the streamers and production houses because the last writer’s strike lasted for three months. And this is a huge time that can build or break any contender with a stronghold in the world of entertainment. Meanwhile, at this time, the streamer is focusing more on bringing back fan-favorite anime and acquiring rights for new anime adaptations.
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What is your opinion about Netflix’s plans for the strike? Drop your comments below!
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