Netflix CEO Reed Hastings admits mistakes on Cannes controversy

“I think we got into a more difficult situation with the Cannes Film Festival than we meant to because, you know, we’re not trying to disrupt the movie system; we are trying to make our members happy. We make our content for them,” he added. He also indicated the discussions with the festival organisers are underway and they are trying to find a model that “works for them and works for us”. 2018-05-05T12:54:02+05:30″>
Published: May 5, 2018 12:54:02 pm

Reed Hastings indicated that discussions with the Cannes festival organisers are underway. Hastings also said that at least in France, Netflix would “focus now on series. “I know we have a reputation as a disruptor and sometimes we make mistakes. Standup, docuseries as there is so much we can do without being a disruptor on the movie side”. “We love the film festival, and we still have buyers going. For all the latest Entertainment News, download Indian Express App Theatrical releases in France can be available for subscription video on demand only after a gap of 36 months and a film cannot feature in the festival without a theatrical release, making it a Catch-22 situation for streaming companies like Netflix. Top News
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The ban came in response to huge controversy that erupted last year, when two Netflix films — Okja and The Meyerowitz Stories — entered the competition for the Palme d’Or without being released in cinemas. Netflix had pulled out of the famed film festival after the organisers announced a ban on films from the main competition which do not have a proper theatrical release in France. This year, the streaming giant was supposed to present five features at the festival that included Alfonso Cuaron’s Roma; Paul Greengrass’ Norway; Jeremy Saulnier’s Hold the Dark; Orson Welles’ The Other Side of the Wind, a newly completed version of the film that Welles shot in the 1970s; and Morgan Neville’s They’ll Love Me When I’m Dead, a doc about the Welles film but they pulled out after the spat. The festival is very sincere in trying to find a model that works for them and works for us.