TV mega-producer Ryan Murphy, behind hits like ‘American Horror Story’ and ‘Monster: The Jeffrey Dahmer Story’, surprises Hollywood five years after exiting Netflix for $300 million Afterwards, he is ready to move the business to The Walt Disney Company. handle.
Three people briefed on the matter, who spoke on condition of anonymity about the non-disclosure talks, said negotiations with Disney have not yet concluded. A deal is unlikely to be finalized until after the writers’ strike in Hollywood is resolved, one of the people said. (Unionized filmmakers and TV writers have been on strike since May 1.)
But talks with Murphy and Disney are progressing, according to people familiar with the matter. Murphy’s contract with Netflix expires at the end of this month. Renewal talks with Netflix fell through.
Representatives for Murphy, Disney and Netflix declined to comment or did not respond. reported by Bloomberg Murphy is likely to move to Disney early Monday morning.
The deal with Disney will formally reunite Mr. Murphy with executives he has worked closely with for more than a decade. Disney owns the FX cable channel, which is home to the American Horror Story series, which began in 2011. (The series also airs on Disney-controlled Hulu.) Disney-owned broadcasting network ABC recently purchased the rights. To Murphy’s drama “9-1-1” produced for FOX in 2018.
Murphy signed a deal with Netflix in February 2018, just six months after fellow star producer Shonda Rhimes signed a nine-figure deal with the streaming company. The back-to-back deals emphasized that Netflix is in the business of paying any price for big names. In the process, a Hollywood arms race began (which has largely subsided amid growing concerns about the streaming business and writers’ strikes).
Murphy’s tenure at Netflix got off to a rocky start. His unexploded works included “The Politician” and “Hollywood.” It wasn’t until last September that Mr. Murphy had bona fide hits with “Monster: The Jeffrey Dahmer Story” and “The Watcher.”Both series are in the top 10 most viewed A first-ever Netflix original, according to the streaming service.
Murphy continued to make Disney shows despite having a deal with Netflix — new seasons of ‘9-1-1’ and ‘American Crime Story’ keep rolling in – He will continue to make shows at Netflix as well even after moving to Netflix. Disney. The upcoming ‘Monster’ will focus on brothers Eric and Lyle Menendez, who are serving life sentences for murdering their wealthy parents in 1989, and ‘The Watcher’ will be renewed for another season. .