Head Of 20th Century Fox Film Snubs Netflix

BEVERLY HILLS, CA – Stacey Snider, chairwoman and CEO of 20th Century Fox's film division, says the streaming giant Netflix offers no advantages to filmmakers or movie-lovers and that its days as a dominant force in Hollywood are numbered, it was reported Friday.

Snider didn't hold back when speaking Thursday at the Bank of America Merrill Lynch 2017 Media, Communications and Entertainment Conference in Beverly Hills, the Los Angeles Times reported. When asked by a moderator about the ways that streaming services are changing the industry, Snider singled out Netflix's movie division for criticism.

"I couldn't find, and I won't say their names, the Netflix movies that we were supposed to be upset got made at Netflix," she said. "Point me to an article or campaign that gets me excited."

Netflix has been aggressively investing in its slate of original movies and recently hired Scott Stuber, formerly of Universal, to head the division.

For people who make movies, Snider said, "there's nothing about the experience of making them in a churn-like environment that appeals to filmmakers. This is not conjecture on my part – I speak to them.”

Snider concluded by saying Netflix will see more competition as studios launch their own streaming services.

I don't see that preeminence and dominance being protectable forever," she said.

Netflix declined to comment.

City News Service and Patch staffer Emily Holland contributed to this report; Image via Shutterstock