One of the most commercially successful directors of Hollywood, Steven Spielberg, has struck a deal with over-the-top (OTT) content platform, Netflix, for a yearly supply of movies.
The film and television production company Amblin Partners, which is owned by the maestro director, will make exclusive movies for the streaming platform.
Steven Spielberg struck a multiyear deal to make movies for Netflix, as the streaming giant looks at ways to stand out among an ever-growing array of competitors #WSJWhatsNow pic.twitter.com/W0U2suGwR5
— The Wall Street Journal (@WSJ) June 22, 2021
Amblin Partners is the studio that has been behind the creation of movies like academy award-winner Schindler’s List and Saving Private Ryan, directed by Spielberg.
His other masterpieces as director include Jaws, Raiders of the Lost Ark, and Jurassic Park.
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There has been no detail shared of what kind of movies will the Hollywood filmmaker produce for Netflix or its quantity per year.
But, the Hollywood director had been quite vehemently supported the creation and screening of films, no matter what screen they are played on, big or small.
Before this deal, Netflix and Amblin were already together for a film named Maestro, which has been written and directed by Bradley Cooper.