Steven Spielberg's production company signs a deal with Netflix
June 21, 2021. Summarized by summa-bot.
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LOS ANGELES, CA - JUNE 12: Steven Spielberg arrives to the Los Angeles premiere of Universal Pictures and Amblin Entertainment's "Jurassic World: Fallen Kingdom" held at Walt Disney Concert Hall on June 12, 2018 in Los Angeles, California. (Photo by Michael Tran/FilmMagic)
Steven Spielberg is partnering with Netflix. Getting Hollywood's premiere director represents a major coup for the streaming service.
New York (CNN Business)Steven Spielberg is partnering with Netflix.
Amblin Partners, the film and TV production studio led by the blockbuster director, announced a partnership with the streaming company Monday that will include multiple new feature films per year for the service, according to the two companies.
Spielberg directed some of the most beloved and successful films in history, including "Jaws," "Raiders of the Lost Ark" and "Jurassic Park. " So his partnership with Netflix is significant.
Spielberg, chairman of Amblin, said in a statement that "storytelling will forever be at the center of everything we do" and that when he started discussing a partnership with Ted Sarandos, Netflix co-CEO and chief content officer, "it was abundantly clear that we had an amazing opportunity to tell new stories together and reach audiences in new ways. "
Spielberg added that he and Amblin are excited to work with Netflix and will continue to work with longtime partners like Universal Pictures.
"I want people to find their entertainment in any form or fashion that suits them," Spielberg told the New York Times in 2019.
Netflix and Amblin did not say how long long the multi-year deal would be nor if Spielberg would direct any films that would land on Netflix.