If you are planning to spend more time out of the house next year, think again!
Shortly after Netflix claimed they wanted half of their entire streaming library to consist of original content, the platform has made another huge announcement. Variety has reported that the streaming giant hopes to release “around 80 original films” in the coming year.
Netflix’s chief content officer Ted Sarandos announced the surprising news at an investors interview on Monday. The streaming giant slated 50 original films for 2017, with some big budget titles such as David Ayer’s fantasy cop movie Bright still to come in December. That means that we can expect to see a whopping increase of around 30 films in 2018.
“They range anywhere from the million-dollar Sundance hit, all the way up to something on a much larger scale,” like Will Smith-starrer “Bright,” Sarandos said.
The move could bring Netflix’s original movies up to a similar scale as the platform’s renowned library of television content.
Netflix released eight films in Q3 including the controversial Death Note, and Lily Collins’ anorexia drama To the Bone. According to reports, the platform also managed to exceed expectations by gaining 5.3 million subscribers in Q3. Netflix announced that spending on content in 2018 will be between $7 billion and $8 billion – an increase from this year’s $6 billion-spend.
For any of you who may be connecting the dots, Sarandos claims there is “no timing correlation” between Netflix’s increase in films and its recent price hike.
If you haven’t already, check out the trailer for Netflix’s upcoming fantasy comedy Bright: