Meryl Streep talks the impact of Netflix on movies

Meryl Streep talks the impact of Netflix on movies
Photo: YouTube | Los Angeles Times

While Netflix is drawing immense flack from euro cinema groups, the queen of American cinema, Meryl Streep, is out here defending the streaming platform.

The three-time Academy Award winner presented an absolutely valid and convincing argument behind the power of creating and releasing movies through Netflix. Streep was present at the Variety Studio along with her “The Laundromat” co-stars Antonio Banderas and Gary Oldman at this year’s Toronto International Film Festival.

In an interview with the entertainment news outlet, the acclaimed actress discussed how Netflix’ extensive audience reach plays an important role in how movies are consumed in this era.

“Netflix is in 133 million households globally. It will reach places where it would not have normally been found. And that’s great because it really is for the audience who doesn’t know about it already.”

Prior to this, Streep also described how Netflix strategizes its film releases as “event-oriented.” The streaming giant is known for theatrically releasing films and then putting it out on their platform not long after. This allows the Netflix movies to qualify for awards in prestigious events without having to compromise the accessibility that its subscribers value.

“So if you want to see it on the big screen, you want to be first. A lot of people want to be first. And so they’ll run out and do it,” Streep adds.

While Netflix found an ally in Streep, the streaming platform received much criticism from actress Helen Mirren back in 2018. Following Netflix’ decision to pull out of the Cannes Film Festival last year, Mirren claimed the platform was “devastating” for filmmakers.

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