Netflix Has Roped In Producer Ryan Murphy

Netflix has never been shy to use strategies that enable it to attract top names form the creative field. And in its latest such hunt, he company is reeling in Ryan Murphy which is the producer and brains behind hits such as the “Glee” and the “American Horror Story” franchise.

This announcement was recently made by the streaming giant.

New series and films would be produced exclusively for the streaming service by Murphy according to deal that stretches for more than just one year.

The deal would officially take force this summer.

Currently, Murphy is under a contract with 20th Century Fox TV. He has produced popular limited series such as the “The People v O.J. Simpson: American Crime Story” and the “Feud.”

According to a report from The New York Times, the deal between Murphy and Netflix is worth nearly $300 million. However, no comment was made about the monetary part of the deal by a Netflix representative.

“Ryan Murphy’s series have influenced the global cultural zeitgeist, reinvented genres and changed the course of television history,” Ted Sarandos, chief content officer at Netflix, said in a statement. “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.”

In recent months, Netflix has been able to employ two major content creators and Murphy is the second of them.

In August of last year, Netflix managed to rope in Shonda Rhimes who left ABC. #TGIT, a block that consisted of her flagship series “Grey’s Anatomy,” “Scandal,” and “How to Get Away with Murder” were among the work that she had helped produce at ABC as part of an entire night of programming for the TV network.

Jenji Kohan, the creator of “Orange Is the New Black” was also roped in with the multi-year contract late last year by Netflix.

Currently, Disney is seeing regulatory approval for taking over the assets of Fox. This was a reason that Murphy had bene pressed by the media to comment about his position in the company in January given the takeover process.

Murphy had said that the new Fox may not be the right place for his edgy brand of content. He had also been approached by both the Murdochs and Disney CEO Bob Iger after the news of the merger was made public.

“I’m sort of interested to see what that company is going to look like before I make any decision about where I’m going to go,” Murphy said.

Murphy plans to “continue to champion women, minorities and LGBTQ heroes and heroines”, he said in relation to his new deal.

“The history of this moment is not lost on me,” said Murphy. “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.”

(Adapted from Money.cnn.com)

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Categories: HR & Organization, Strategy, Uncategorized

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