In what is believed to be the biggest TV pact ever, Ryan Murphy, an Emmy, Golden Globe and Peabody Award-winning producer, director and writer, has signed an overall deal with Netflix that could reach as high as $300 million sources say. The deal starts July 1 and is a five-year agreement. It is called the “deal of a lifetime for an artist of a lifetime,” according to Deadline. Murphy and his Ryan Murphy Productions will produce new series and films exclusively for the streaming giant. Murphy is heading to Netflix, which is also home to top broadcast drama showrunner Shonda Rhimes, after a long stint at 20th Century Fox TV. His leaving is a blow to the studio, which is poised to become part of Disney. Netflix aggressively pursued him, and he said that the “history of this moment is not lost on me. I am a gay kid from Indiana who moved to Hollywood in 1989 with 55 dollars in savings in my pocket, so the fact that my dreams have crystallized and come true in such a major way is emotional and overwhelming to me.”
“Ryan Murphy’s series have influenced the global cultural zeitgeist, reinvented genres and changed the course of television history. His unfaltering dedication to excellence and to give voice to the underrepresented, to showcase a unique perspective or just to shock the hell out of us, permeates his genre-shattering work,” said Ted Sarandos, Chief Content Officer at Netflix, according to Deadline.
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