Netflix’s Ted Sarandos Talks Oscars, Losing ‘Friends’ and Their New Appetite for Animated Films

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Netflix plans to keep revving up its movie slate in the coming year, although the volume of new releases will grow at a steadier pace following the ramp-up of the past 18 months, Netflix executives…

, Netflix’s chief content officer, and Netflix chief Reed Hastings told investors during the company’s quarterly earnings interview with Michael Morris of Guggenheim Securities, that being a contender in awards season is very much part of the business model. Netflix led all studios in Oscar nominations this year with a total of 24 bids, paced by Martin Scorsese’s “The Irishman” and Noah Baumbach’s “Marriage Story” .we ended up being the most-nominated studio at the Oscars with those films.

Sarandos pointed to the growth of the company’s internal production capabilities on the film side. And he cited feature animation as a big area of focus for the company. “Klaus,” the first Netflix original animated pic, was a “real crowd pleaser” and it nabbed an Oscar nom, allowing Netflix in the same circle as industry stalwarts like Disney and DreamWorks in yet another content genre.

The interview included a lengthy discussion of Netflix’s strategy of delivering a huge volume of content in markets around the world in order to provide something for everyone. Netflix brass put a positive spin on the loss of “

 

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