6/25/2023 0 Comments Ryan murphy islideNow, for the first time, Murphy and the other players are revealing how it all went down. They can compete when they need to,” he says, and then he rephrases: “Or they can compete when they want to.” “They’re all public companies, their economics are public. If the old guard is looking for sympathy, however, it won’t get any from Sarandos. Some warn that the deal will be looked back on as the breaking point, the proverbial peak of peak TV others see it as a sign that Hollywood, as it has existed for decades, is now over - that Silicon Valley has occupied and conquered. In the two months since Murphy signed his head-swiveling pact, Hollywood has been able to fixate on little else. But now it seems those were all just the appetizers. Netflix launched the round of mega deals in August with its Shonda Rhimes blockbuster - the headlines screamed “$100 million,” but that’s said to be just the floor - then Amazon ponied up $250 million for the rights to make a Lord of the Rings prequel and Apple pledged nearly the same for 20 episodes of a drama series starring Jennifer Aniston and Reese Witherspoon. ![]() It is by far the richest producing deal in television history and the latest salvo in an arms race that has left traditional media entities like 21st Century Fox sucking wind. ![]() ![]() 13, the man who once joked that he planned to be “buried” on the Fox lot announced he’d be leaving his longtime creative home for a five-year Netflix contract worth as much as $300 million.
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