Although for years “documentaries were something that strange cinephiles spoke about in corners,” Pearlman says, streamers have played a big role in driving demand, and opening up new financing opportunities for producers beyond traditional theatrical and TV investors. Netflix, for example, has the breakout hit “My Octopus Teacher” and “Crip Camp,” which was produced by Barack and Michelle Obama’s Higher Ground Prods.
Source: Inside the Demand for Docus: How Streamers and New Financing Options are Causing a Boom