There's a really savage review at The Guardian about Duncan Jones's latest movie, which is one in a recent string of really poorly reviewed Netflix science fiction/fantasy films (Bright, Cloverfield Paradox, and this one - Mute). I guess I can't blame Netflix for Cloverfield Paradox, which they picked up from another studio that finally decided they didn't want to risk a cinema release, but this review of Mute indicates that the Netflix system seems to be to give director/writers a cheque and hope that they will produce the goods.
If that's correct, it seems that such a system, while sounding like a way to get more interesting and less "cookie cutter" films made, may instead be showing the advantages of more top down intervention by studios - at least if you have people with the right sensibilities at the top.
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