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published in Blogs
Jun 21, 2021
Netflix (NFLX, $494.63) signs deal with Spielberg's Amblin Partners

Netflix (NFLX, $494.63) signs deal with Spielberg's Amblin Partners

Netflix  and Amblin Partners, the film and television studio led by Steven Spielberg, are partnering up for Amblin to produce multiple films a year for the streaming company.

"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," said Ted Sarandos, Netflix Co-CEO and chief content officer, in a statement.

Meanwhile, Spielberg will continue to direct movies for Comcast's  Universal Pictures as part of a separate agreement.

Earlier this month, Netflix launched its online shop Netflix.shop, which will sell curated products such as toys and apparel.

 

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