Ryan Murphy Moves From Fox To Netflix In $300 Million Deal

If you keep your ear to the ground, you can almost hear the tectonic plates of Hollywood moving. The world of streaming entertainment has thrown a wrench in the world of traditional media, and throw into that the recent news of Disney potentially acquiring Fox, and you have the perfect storm for things to change.

With Disney taking over Fox, it really brought into question whether or not someone like Murphy (who has very adult tastes, with projects like Nip/Tuck and American Horror Story under his belt) could continue to produce what he wanted. Disney had engaged Murphy in talks, but at the end of the day, it looks like Murphy has picked Netflix over both Fox and Disney in a new landmark deal.

According to Deadline, Ryan Murphy and his Ryan Murphy Productions will produce new series and films exclusively for Netflix.

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Here’s what chief content officer of Netflix, Ted Sarandos, had to say about the deal:

“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 himself said the following about this landmark moment:

“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.”

Murphy’s upcoming original series, Ratched and The Politician will both premiere globally on Netflix.

What do you think of this deal? let us know your thoughts down below!

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SOURCE: Deadline

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