Big news in the TV world, as Ryan Murphy, an Emmy, Golden Globe and Peabody Award-winning producer, director and writer, has signed a deal with Netflix. This new deal could reach as high as $300 million, according to sources. The new Ryan Murphy deal starts on July 1.
The new deal is a five-year agreement and according to Deadline, one industry insider is calling it "the deal of a lifetime for an artist of a lifetime." Under the agreement, Murphy and his Ryan Murphy Productions will produce new series and films exclusively at Netflix.
Netflix also happens to be the home of big-name showrunner Shonda Rhimes, who also left 20th Century Fox TV for Netflix. Murphy was one of the biggest names on the talent roster of the studio. 20th Century Fox is about to become a part of Disney, so Murphy's departure is a big blow for the combined entity.
Ted Sarandos, Chief Content Officer at Netflix, said, “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. From Nip/Tuck – our first licensed series – to American Crime Story: The People v. O.J. Simpson and American Horror Story, we’ve seen how his brand of storytelling captivates consumers and critics across the globe. His celebrated body of work and his contributions to our industry speak for themselves, and we look forward to supporting Ryan in bringing his broad and diverse stories to the world.”
Murphy was a hot commodity, as Netflix was not the only company pursuins him. His current contract with Fox expires this year, so the streaming giant felt like the right fit for him. Murphy said, “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. I am awash in genuine appreciation for Ted Sarandos, Reed Hastings and Cindy Holland at Netflix for believing in me and the future of my company which will continue to champion women, minorities and LGBTQ heroes and heroines, and I am honored and grateful to continue my partnership with my friends and peers at Fox on our existing shows.”
All of Murphy's current shows, including American Horror Story, American Crime Story and 9-1-1, will remain on their networks with Murphy serving in his same role. However, any new shows or movies will be made for Netflix, including Ratched and The Politician.