Netflix Movie Exec Tendo Nagenda Leaves Streamer

Tendo Nagenda will be leaving his position at Netflix, where he served as Vice President of Original Films for the past four years. Nagenda’s last day on the streamer will be September 1. the hollywood reporter Has confirmed.

Nagenda’s departure comes as Netflix looks to streamline its film operations. Under film director Scott Stuber, Kira Goldberg and Ori Marmur will now lead the studio’s film crew, which handles big-budget features for streamers. The duo were promoted in 2021 to lead a team intended to focus on developing and producing big-budget films.

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Elsewhere in the Netflix film team, Niija Kuykendall, who joined the company in 2021, leads the feature group focused on mid-sized films, while Netflix veteran Lisa Nishimura continues to helm independent filmmaking. .

Nagenda joined Netflix in 2018 from Disney, where he worked on modest-budget features like Queen of Katwe and major tents like the live action versions of Dumbo Y mulan. During his time at Netflix, Nagenda worked on the streamer’s flashier fare as Spike Lee. Gives 5 bloods and Charlize Theron’s action vehicle the old guardwhich will have a sequel on the streamer.

“Tendo joined the company four years ago and helped build our studio film team, which delivered movies like The more they drop, Glass Onion: A Knives Out Mystery, The Old Guard, Gives 5 Bloods Y Hustle. It was an integral part of our evolution from acquiring and licensing movies to making them ourselves. We wish him all the best for the future,” Stuber said in a statement.

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Nagenda offered: “I am honored to have been a small part of a film team that has led in Oscar nominations for three years in a row, to become the largest film producer in the world by any metric, to lead the industry through a pandemic, and become the standard-bearer for representation and inclusion both in front of and behind the camera. I wish Netflix continued tenacity and audacity to deliver the big hits and tell the great and beloved stories that need to be told. Glide.”

The change in Netflix’s film crew comes as the streamer continues to restructure itself, having gone through multiple rounds of layoffs. In June, 300 employees were laid off, which was preceded by the dismissal of 150 employees in May. Prior to this, several full-time employees and contractors from Netflix’s marketing and publishing division were laid off.

In a June 23 memo to employees, Netflix co-CEO Reed Hastings said he wished the company was going through “a more gradual readjustment of the business” after slower-than-expected revenue growth.

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