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