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Netflix Ends Production Deals with David Fincher, Shawn Levy, and the Duffer Brothers in Strategic Shift

institutional · 2026-10-04

Netflix has terminated several prominent production collaborations, stepping back from long-term agreements with renowned directors. On Thursday, the streaming giant announced the conclusion of its six-year partnership with David Fincher, which was established in 2020. This collaboration produced the film Mank, which received 10 Academy Award nominations but only made $100,000 from a $25 million budget. Fincher's 2023 release, The Killer, topped the charts but only grossed $452,000 against a $175 million budget. Meanwhile, director Shawn Levy has signed a new contract with Disney, and the Duffer brothers have partnered with Paramount. Additionally, Netflix has ended its relationship with Noah Baumbach, opting to concentrate on lower-budget series and live events instead of expensive films that did not attract new subscribers.

Key facts

  • Netflix's production deal with David Fincher ends after six years.
  • Fincher's Mank earned 10 Oscar nominations and two wins but grossed only $100,000 theatrically against a $25 million budget.
  • Shawn Levy signed a new production deal with Disney after nearly a decade with Netflix.
  • The Duffer Brothers left Netflix in August 2025 for a four-year deal with Paramount.
  • Netflix co-CEO Ted Sarandos attributed the exits to filmmakers' desire to work on feature films.
  • Netflix continues deals with Guillermo del Toro and is giving Greta Gerwig's Narnia film a seven-week theatrical run.
  • Rian Johnson may return to Netflix after his $450 million deal for two Knives Out sequels.
  • Netflix is shifting focus to lower-budget series, live events, and sports programming.

Entities

Artists

  • David Fincher
  • Shawn Levy
  • Matt Duffer
  • Ross Duffer
  • Noah Baumbach
  • Guillermo del Toro
  • Greta Gerwig
  • Rian Johnson
  • Mike Flanagan
  • Charles Pulliam-Moore
  • Herman J. Mankiewicz

Institutions

  • Netflix
  • The Verge
  • Paramount
  • Warner Bros. Discovery
  • Disney
  • Amazon
  • The Hollywood Reporter
  • Academy Awards

Locations

  • United States

Sources