Netflix's latest film, 'The Electric State,' holds the title of the most expensive movie at $320 million, joining a trend of high-budget releases that generally fail to impress. Despite previous speculation that the platform might cut down on costly projects, Netflix has instead ramped up expenditures without yielding successful critical reception. In total, the company has invested over $1.5 billion into 11 original films that receive low ratings. This shift raises questions about Netflix's strategy moving forward, particularly in regard to audience satisfaction and financial viability.
Since 2022, multiple Netflix originals have been released with budgets in the hundreds of millions. But they haven't been critical darlings like 'The Irishman' or 'Mank.'
The Electric State, which reportedly cost at least $320 million to make, cost more than many of the other Netflix originals that barely anyone liked.
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