Netflix Film Chief Scott Stuber Will Leave to Start New Company

user avatar Author: Editors Desk Source: Deadline
January 22, 2024 at 17:29
Scott StuberPhotographer: Matt Winkelmeyer/Getty Images
Scott StuberPhotographer: Matt Winkelmeyer/Getty Images

Netflix will now look for a new head of its movie business

Scott Stuber is leaving Netflix. The chairman of Netflix film since 2017, he will be leaving in March to start his own media company.  

This has been in the works for some time, as rumors were rampant he had a different philosophy than Netflix toppers, whose prime focus has always been to make premium movies to be consumed by streaming. Other streamers have evolved into a theatrical first window for many of their big budget films, as Apple did in securing traditional distributors to globally release films like Killers of the Flower Moon and Napoleon. While Netflix has acquired some posh theaters in qualifying cities like New York and Los Angeles, its business plan is mainly global streaming without the giant P&A spend needed for films to do big movie house grosses.

Stuber grew up at Universal and as a producer, and had been indoctrinated into filmmaking with a traditional waterfall platform that starts with the theatrical release. He’ll launch a company that will likely follow that format, and has money behind him.

Since joining Netflix, he’s transformed the company’s film slate — overseeing the acquisition, development or production of the streamer’s biggest movies: Red Notice (which remains Netflix’s most popular movie of all time); Bird BoxHustle; Glass Onion: A Knives Out Mystery; Academy Award and BAFTA winner All Quiet on the Western Front; Academy Award winner Guillermo del Toro’s PinocchioThe Adam ProjectThe Gray Man;  Academy Award and BAFTA-winning The Power of the DogDon’t Look Up;  Martin Scorsese’s The Irishman; Academy Award® winner Marriage Story; and Academy Award winner ROMA

Stuber’s strong ties to the creative community and decades of experience in producing commercially successful and acclaimed motion pictures enabled Netflix to get in business with top filmmakers from Alfonso Cuarón to Spike Lee, Greta Gerwig, Zack Snyder, Susanne Bier, Rian Johnson, Jane Campion and Martin Scorsese. 

Under Scott’s leadership Netflix was the most nominated studio at the Academy Awards for three consecutive years (2020, 2021, 2022). It has knocked on the door for Best Picture, but hasn’t yet won. Apple became the first streamer to do that with CODA, but Netflix is in the mix this race with the Bradley Cooper-directed Maestro.

Stuber joined Netflix from Bluegrass Films, and produced TedCentral Intelligence, and Safe House, among many others. Before that he was vice chairman of worldwide production at Universal Studios, he was responsible for many of its critically-acclaimed, award-winning, and commercially-successful films, including A Beautiful MindSeabiscuitCinderella ManJarhead8 MileMeet the Parents and its follow-up films, plus both the Bourne and Fast and the Furious franchises.  More than 20 of the films he supervised have grossed over $100 million at the U.S. box office.

“Seven years ago, Reed and Ted offered me the amazing opportunity to join Netflix and create a new home for original movies,” Stuber said in a statement. “I am proud of what we accomplished and am so grateful to all the filmmakers and talent who trusted us to help tell their stories. Thank you to Ted, Reed, Greg, Bela and the entire team, and I look forward to continuing to work with them in the future.”

Said Ted Sarandos, Netflix co-CEO: “Scott has helped lead the new paradigm of how movies are made, distributed and watched. He attracted unbelievable creative talent to Netflix, making us a premiere film studio. Under his leadership, we’ve become the most nominated studio for three years in a row at the Academy Awards – including eight Best Picture nominations, two Best International Feature Oscars, two Best Documentary Feature Oscars and our first Best Animated Feature Oscar.  Scott, thank you for your leadership and friendship and I can’t wait to see what’s next.”

Added Bela Bajaria, Netflix Chief Content Officer: “What Scott has accomplished in seven years is nothing short of amazing. He created a world-class film studio, not only by working with established filmmakers, but also finding and supporting first time creators. He’s been such a trusted partner and friend to me and many others, and I hope to find new ways to continue to work together.”

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