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Technology Stocks : Netflix (NFLX) -- Ignore unavailable to you. Want to Upgrade?


To: JakeStraw who wrote (1580)8/15/2017 5:28:08 PM
From: Sdgla  Respond to of 1606
 
Shonda Rhimes hire is big news :

In one of the biggest talent gets for Netflix yet that could shake up the drama series TV landscape, the streaming giant has landed one of the top drama showrunners on broadcast television, Shonda Rhimes. After a long tenure at ABC Studios, the Grey’s Anatomy and Scandal creator is leaving the studio for a mega multi-year deal at the streaming giant, Netflix announced Sunday night.





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Heading to Netflix with Rhimes is her Shondaland, which over the past year she had built into a full-fledged production company with its own infrastructure. Shondaland, in which Rhimes is partnered with Betsy Beers, will function as a division of Netflix’s in-house studio.

Rhimes had one more year under her four-year deal at ABC Studios. I hear she negotiated an early exit so she can go to Netflix. I hear the deal with Netflix has a length similar to the four-year ABC Studios pact and is richer.











While Netflix has been very aggressive, bringing in series from A-list showrunners like Jenji Kohan, Marta Kauffman, and Chuck Lorre, this is one of the boldest poaching moves by the deep-pocketed streaming network, luring away from network television one of its top writer-producers at the top of her game.





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