Steven Spielberg’s Amblin has agreed a multi-year deal to produce “multiple new feature films per year” for Netflix.
Announcing the pasrtnership, Spielberg said: “At Amblin, storytelling will forever be at the center of everything we do, and from the minute Ted and I started discussing a partnership, it was abundantly clear that we had an amazing opportunity to tell new stories together and reach audiences in new ways.
“This new avenue for our films, alongside the stories we continue to tell with our longtime family at Universal and our other partners, will be incredibly fulfilling for me personally since we get to embark on it together with Ted, and I can’t wait to get started with him, Scott, and the entire Netflix team.”
Ted Sarandos, Netflix Co-CEO and Chief Content Officer, added: “Steven is a creative visionary and leader and, like so many others around the world, my growing up was shaped by his memorable characters and stories that have been enduring, inspiring and awakening.
“We cannot wait to get to work with the Amblin team and we are honored and thrilled to be part of this chapter of Steven’s cinematic history.”