Netflix Signs Multiyear Deal for Films From Steven Spielberg

About This Source - Bloomberg QuickTake: Now

Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.

It was founded by Michael Bloomberg in 1981, with the help of Thomas Secunda, Duncan MacMillan, Charles Zegar, and a 12% ownership investment by Merrill Lynch.

Recent from Bloomberg QuickTake: Now:

  • Doctors Without Borders Closes Haiti Clinic Amid Surge of Gang Violence
  • Cuomo on Sexual Harassment Report: ‘I Accept Responsibility’
  • Cuomo Responds to Sexual Harassment Probe: ‘I Never Touched Anyone’
  • Bloomberg Quicktake: Now published this video item, entitled “Netflix Signs Multiyear Deal for Films From Steven Spielberg” – below is their description.

    Steven Spielberg, the father of the modern movie blockbuster, signed a multiyear deal to provide films for Netflix Inc., promising a stream of new pictures for the online video leader.

    The multifilm agreement with Amblin Partners builds on an existing relationship, the parties said Monday in a statement. They’ve already teamed up on last year’s “The Trial of the Chicago 7” and the Leonard Bernstein biopic “Maestro,” which is in preproduction. Terms of the deal weren’t disclosed.

    Netflix is the dominant paid streaming service, but it’s seeking more hits that can attract subscribers and help it stand out in a crowded market — especially as media giants such as Walt Disney Co., AT&T Inc.’s WarnerMedia and Comcast Corp.’s NBCUniversal debut more of their biggest films online.

    In Amblin, Netflix gets access to a legendary filmmaker and a studio whose recent hits include the Oscar-winning “Green Book” and “1917.” The 74-year-old Spielberg, who directed “E.T.,” the Indiana Jones series, “Jurassic Park” and “Saving Private Ryan,” serves as Amblin’s chairman. The studio will continue to work with Universal and other partners, he said.

    Bloomberg Quicktake: Now YouTube Channel

    Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

    In This Story: Disney

    The Walt Disney Company, DIS (NYSE), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Walt Disney Studios complex in Burbank, California.

    4 Recent Items: Disney

  • Road to Wakanda: Children of T’Chaka | Marvel’s Avengers
  • Ask The Question | Marvel Studios’ What If…? | Disney+
  • Venture buys stake in Witherspoon’s media company
  • Venom 2 Trailer Hints at Big Carnage Origin Change – IGN The Fix: Entertainment
  • In This Story: Indiana Jones

    Dr. Henry Walton “Indiana” Jones, Jr. is the title character and protagonist of the Indiana Jones franchise. George Lucas created the character in homage to the action heroes of 1930s film serials.

    2 Recent Items: Indiana Jones

  • Dwayne Johnson Compares Emily Blunt to Indiana Jones in Their Film Jungle Cruise | The Tonight Show
  • Why Theaters Are Furious Over Black Widow’s Box Office Slump – IGN The Fix: Entertainment
  • In This Story: Steven Spielberg

    Steven Allan Spielberg is an American film director, producer, and screenwriter. He is considered one of the founding pioneers of the New Hollywood era and one of the most popular directors and producers in film history.

    4 Recent Items: Steven Spielberg

  • Kevin Feige Reacts to Scarlett Johansson’s Black Widow Lawsuit – IGN The Fix: Entertainment
  • Steven Spielberg’s West Side Story | Special Look | 20th Century Studios
  • *batteries not included | Home Invasion Foiled by Aliens
  • Stillwater’s premieres at Cannes starring Matt Damon and Camille Cottin • FRANCE 24 English
  • Leave a Comment