Netflix: State of Slate 🎬
Bruised but busy: A deep dive into what's really happening at the biggest producer in town
In today’s State of Slate (Sony, Paramount, WB, Universal were before)👇:
Org chart of power
20 movies on Netflix’s 2023 slate
Franchises flourishing (and failing)
Comedy and animation
Netflix, as we know, has been getting hammered by headlines for months. Some of the criticism is deserved. Some not. Some of it comes down to the simple fact that Netflix is the biggest streamer out there with its 220 million subscribers, and everyone takes shots at the king.
But who cares if the company has 221 million subs or 220 million? I understand that investors want continuous growth every quarter, and it’s true that Netflix simply hasn’t had the content of late outside of Stranger Things. But Netflix is still worth $106 billion and remains arguably the industry’s single biggest producer and buyer.
To break it down: Netflix’s global audience and staff are separated into four regions — U.S. and Canada; Europe, Middle East and Africa; Latin America; and Asia-Pacific, and, believe it or not, there’s still a staff that mails out DVDs and Blu-ray discs, which account for $200 million or so each year — in other words, 1 percent of Netflix’s overall revenue of $30 billion.
While I won’t discuss the company’s value in relation to Wall Street, I know the slate pretty damn well. And there’s an avalanche of stuff coming out over the next five months, way more than any studio puts out in an entire year.
Here’s the screenshot-and-save C-suite org chart currently managing it all: