Ryan Murphy signs five-year Netflix deal

Netflix has managed to snag yet another big name in the entertainment industry to create exclusive content for its platform. FX’s Ryan Murphy will be working for the streaming service after his contract at FX expires in July. The deal is reportedly worth up to US$300 million, which is said to be one of the biggest overall deals for a showrunner. Murphy already has two projects in the works for Netflix before this deal was closed. One is a One Flee Over the Cuckoo’s Nest fanfiction called Ratched and the other is political satire called The Politician.

Murphy is now to have produced some of the biggest shows for FX including American Horror Story, American Crime Story, 9-1-1, and Feud. These shows, as well as a recently announced 1980s musical drama called Pose will remain with FX. The showrunner has previously expressed his concern about staying with FX following Disney’s acquisition of 20^th Century Fox, especially with his content that is considered graphic and shocking with some racial and sexual provocations. He has expressed this concern to Disney CEO Bob Iger and it was being reported that Iger courted him personally and reassured him that Disney was interested in the type of offbeat content he’s able to create. But it looks like Murphy would much rather take his ideas to the streaming service.

Source: The Verge