Netflix Film Exec Tendo Nagenda Leaving Streamer – Hollywood Reporter

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Nagenda joined the streamer in 2018 from Disney.
By Mia Galuppo
Employees Author
Tendo Nagenda is exiting his publish at Netflix, the place he has served as vp authentic movie for the previous 4 years. Nagenda’s final day on the streamer might be Sept. 1, The Hollywood Reporter has confirmed.
Nagenda’s exit comes as Netflix is trying to streamline its movie operations. Underneath movie head Scott Stuber, Kira Goldberg and Ori Marmur will now run the studio movie group, which handles the streamer’s big-budgeted options.
Elsewhere on Netflix’s movie group, Niija Kuykendall, who joined the corporate in 2021, heads the options group centered on midsized movie, whereas Netflix veteran Lisa Nishimura continues to move indie movie.

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Nagenda joined Netflix in 2018 from Disney, the place he labored on each modestly budgeted options like Queen of Katwe and main tentpoles just like the live-action variations of Dumbo and Mulan. Throughout his time at Netflix, Nagenda labored on the streamer’s splashier fare like Spike Lee’s Da 5 Bloods and Charlize Theron’s motion car The Outdated Guard, which is getting a sequel on the streamer.
“Tendo joined the corporate 4 years in the past and helped to construct out our studio movie group, who delivered films equivalent to The Tougher They Fall, Glass Onion: A Knives Out Thriller, The Outdated Guard, Da 5 Bloods and Hustle. He was integral in our evolution from buying and licensing movies to creating films ourselves. We want him all the perfect for the longer term,” mentioned Stuber in an announcement.
Provided Nagenda: “I’m honored to have been a small a part of a movie group that has led in Oscar nominations for 3 years in a row, turn out to be the largest producer of movie on this planet by any metric, lead the business by means of a pandemic, and turn out to be the usual bearer for illustration and inclusion each in entrance of and behind the digital camera. I want Netflix the continued tenacity and audacity to take the large swings and inform the large and beloved tales that want telling. I plan to.”
The change on Netflix’s movie group comes because the streamer continues to restructure, having already gone by means of a number of rounds of layoffs. In June, 300 staff have been laid off, which was preceded by 150 employees being laid off in May. Previous to this, a number of full-time employees and contractors in Netflix’s editorial and marketing division have been let go.
In a June 23 memo to staffers, Netflix co-CEO Reed Hastings famous that he wished the corporate was going by means of “a extra gradual readjustment of the enterprise” following slower than anticipated income progress.

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