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Ryan Murphy signs Netflix deal
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David
2018-02-14 03:37:51 UTC
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https://www.nytimes.com/2018/02/13/business/media/netflix-ryan-murphy.html?mtrref=undefined

Netflix Lures Ryan Murphy in Deal Said to Be Worth Up to $300 Million
By JOHN KOBLIN

The streaming giant Netflix has won yet another battle against old
Hollywood.

On Tuesday night, Netflix announced that it had poached the hit-making
producer Ryan Murphy from 21st Century Fox.

The five-year deal is worth as much as $300 million, according to two
people with knowledge of the deal, who spoke on the condition of
anonymity to discuss private negotiations. That would be one of the
biggest deals ever made for a television producer.

While the agreement will come as a disappointment to the studio where
Mr. Murphy has spent most of his career, it also delivers a serious
blow to the Walt Disney Company, which reached a deal in December to
acquire most of 21st Century Fox for $52.4 billion.

Mr. Murphy’s contract with Fox expires in the summer, and he will make
the move to Netflix in July.
Obveeus
2018-02-14 03:43:43 UTC
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Post by David
https://www.nytimes.com/2018/02/13/business/media/netflix-ryan-murphy.html?mtrref=undefined
Netflix Lures Ryan Murphy in Deal Said to Be Worth Up to $300 Million
By JOHN KOBLIN
The streaming giant Netflix has won yet another battle against old
Hollywood.
On Tuesday night, Netflix announced that it had poached the hit-making
producer Ryan Murphy from 21st Century Fox.
The five-year deal is worth as much as $300 million, according to two
people with knowledge of the deal, who spoke on the condition of
anonymity to discuss private negotiations. That would be one of the
biggest deals ever made for a television producer.
While the agreement will come as a disappointment to the studio where
Mr. Murphy has spent most of his career, it also delivers a serious
blow to the Walt Disney Company, which reached a deal in December to
acquire most of 21st Century Fox for $52.4 billion.
Mr. Murphy’s contract with Fox expires in the summer, and he will make
the move to Netflix in July.
Since his contract expires this summer, I can't see why Disney would
feel that they have been dealt a blow. All that seems to have happened
is that they don't have to pay Ryan Murphy 300 million...or anything
else...and they don't have to try and spin a press release to show how
they aren't losing something since the something will be gone before
they own the studio. This is just more stuff out of 21st Century Fox
studios that they won't have to wind down / consolidate after taking over.
icebreaker
2018-02-14 17:33:09 UTC
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Post by Obveeus
Post by David
https://www.nytimes.com/2018/02/13/business/media/netflix-ryan-murphy.html?mtrref=undefined
Netflix Lures Ryan Murphy in Deal Said to Be Worth Up to $300 Million
By JOHN KOBLIN
The streaming giant Netflix has won yet another battle against old
Hollywood.
On Tuesday night, Netflix announced that it had poached the hit-making
producer Ryan Murphy from 21st Century Fox.
The five-year deal is worth as much as $300 million, according to two
people with knowledge of the deal, who spoke on the condition of
anonymity to discuss private negotiations. That would be one of the
biggest deals ever made for a television producer.
While the agreement will come as a disappointment to the studio where
Mr. Murphy has spent most of his career, it also delivers a serious
blow to the Walt Disney Company, which reached a deal in December to
acquire most of 21st Century Fox for $52.4 billion.
Mr. Murphy’s contract with Fox expires in the summer, and he will make
the move to Netflix in July.
Since his contract expires this summer, I can't see why Disney would
feel that they have been dealt a blow. All that seems to have happened
is that they don't have to pay Ryan Murphy 300 million...or anything
else...and they don't have to try and spin a press release to show how
they aren't losing something since the something will be gone before
they own the studio. This is just more stuff out of 21st Century Fox
studios that they won't have to wind down / consolidate after taking over.
Yep. Isn't Fox gonna wind down their scripted progrmming anyway? Bet
Shonda Rhimes is miffed he's getting more than NF is paying her.
Obveeus
2018-02-14 22:13:50 UTC
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Post by icebreaker
Post by Obveeus
Post by David
https://www.nytimes.com/2018/02/13/business/media/netflix-ryan-murphy.html?mtrref=undefined
Netflix Lures Ryan Murphy in Deal Said to Be Worth Up to $300 Million
By JOHN KOBLIN
The streaming giant Netflix has won yet another battle against old
Hollywood.
On Tuesday night, Netflix announced that it had poached the hit-making
producer Ryan Murphy from 21st Century Fox.
The five-year deal is worth as much as $300 million, according to two
people with knowledge of the deal, who spoke on the condition of
anonymity to discuss private negotiations. That would be one of the
biggest deals ever made for a television producer.
While the agreement will come as a disappointment to the studio where
Mr. Murphy has spent most of his career, it also delivers a serious
blow to the Walt Disney Company, which reached a deal in December to
acquire most of 21st Century Fox for $52.4 billion.
Mr. Murphy’s contract with Fox expires in the summer, and he will make
the move to Netflix in July.
Since his contract expires this summer, I can't see why Disney would
feel that they have been dealt a blow. All that seems to have happened
is that they don't have to pay Ryan Murphy 300 million...or anything
else...and they don't have to try and spin a press release to show how
they aren't losing something since the something will be gone before
they own the studio. This is just more stuff out of 21st Century Fox
studios that they won't have to wind down / consolidate after taking over.
Yep. Isn't Fox gonna wind down their scripted progrmming anyway?
Yes, they have said the scripted stuff is going to make way for reality
TV and sports and propaganda 'news'.

ABD/Disney, on the other hand, could have theoretically benefitted from
having the ability to inherit a Ryan Murphy contract so they could move
newly developed shows into the void that is ABC's schedule...especially
with Shonda going away.

Still, if I had to guess, I'd think that Disney is happy not to inherit
a huge dollar long term contract for Ryan Murphy product right now.
Post by icebreaker
Bet
Shonda Rhimes is miffed he's getting more than NF is paying her.
Since she can only churn out one narrow genre (female oriented soap),
she should be worth less. It is annoying that Netflix wanted her at all.
Ian J. Ball
2018-02-14 04:45:52 UTC
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Post by David
https://www.nytimes.com/2018/02/13/business/media/netflix-ryan-murphy.html?mtrref=undefined
Netflix Lures Ryan Murphy in Deal Said to Be Worth Up to $300 Million
By JOHN KOBLIN
Well, that just blows... >:/
--
"Three light sabers? Is that overkill? Or just the right amount
of "kill"?" - M-OC, "A Perilous Rescue" (ep. #2.9), LSW:TFA (08-10-2017)
icebreaker
2018-02-14 17:29:37 UTC
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Post by Ian J. Ball
Post by David
https://www.nytimes.com/2018/02/13/business/media/netflix-ryan-murphy.html?mtrref=undefined
Netflix Lures Ryan Murphy in Deal Said to Be Worth Up to $300 Million
By JOHN KOBLIN
Well, that just blows... >:/
NF's own productions haven't been much to write home about afaiac.
This won't help. me thinks, given stuff like 9-1-1 on Fox he's now
putting out. One of the worst shows ever and makes LA Fire look
unprofessional and absolutely ridic. I assume the entire mob (Falchuk,
Brennan and the rest) will be involved as well.
Obveeus
2018-02-14 22:10:19 UTC
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Post by icebreaker
Post by Ian J. Ball
Post by David
https://www.nytimes.com/2018/02/13/business/media/netflix-ryan-murphy.html?mtrref=undefined
Netflix Lures Ryan Murphy in Deal Said to Be Worth Up to $300 Million
By JOHN KOBLIN
Well, that just blows... >:/
NF's own productions haven't been much to write home about afaiac.
I disagree. Netflix has a number of good shows, certainly more than on
any of the broadcast or cable networks.
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