Earlier: Netflix has a notorious reputation in the industry for spending big money on a seemingly infinite amount of original film and television projects, but a new report from The Information (via Engadget) suggests that will no longer be the case moving forward. For the first time in their prestigious careers these unsung. A group of former Special Forces operatives reunite to plan a heist in a sparsely populated multi-border zone of South America.

“There’s been no change to our content budgets, nor any big shifts in the sorts of projects we’re investing in, or the way we greenlight them,” the spokesperson said.Netflix has seen misses in the past with shows like Baz Luhrmann’s hip-hop series “The Get Down,” the first and only season of which cost $120 million. The film’s $115 million price tag is far above what other Hollywood studios would pay for an R-rated adult drama.A Netflix spokesperson declined to comment on specifics about its internal metrics, but said the company uses viewing relative to cost as one measure of success and is always looking for ways to get better. The film earned a tepid response from film critics (read IndieWire’s mixed B- review here). The streaming giant spent a massive $115 million on the thriller.Netflix reported in April that 52 million households streamed “Triple Frontier,” which suggested the film was shaping up to be a big hit for the company. The film opened in select theaters March 6 before becoming available to stream March 16 on Netflix. Candor starring Ben Affleck, Oscar Isaac, Charlie Hunnam, and Pedro Pascal.

Sometimes it pays off for Netflix to spend big (“The Crown” costs at or above $10 million an episode, while popular original films like “Bright” had a $90 million budget), and many in the industry are watching closely to see what happens with Martin Scorsese’s “The Irishman” later this year, as that film’s budget skyrocketed into the $150 million range.Sign Up: Stay on top of the latest breaking film and TV news! Sign up for our Email Newsletters here.

Triple Frontier Film