Steven Spielberg’s Amblin Partners In Deal To Make Movies For Netflix

[An4h0ny]

What a difference two years and a global pandemic make. Steven Spielberg, who a couple of years ago was quoted — his camp maintains he never said it or anything he might have said was severely taken out of context — drawing a clear line between theatrically released films and streamer films, has berthed his Amblin Partners into a partnership with Netflix that will cover multiple new feature films per year. It shows once again the Netflix-led progress toward dissolving the lines between streamed and theatrical films and symbolically it is a big deal for Netflix’s Ted Sarandos and Scott Stuber.

The Netflix deal will co-exist side by side with the one Spielberg and Amblin have at Universal Pictures. Neither will have first shot at Amblin properties; Spielberg will make some films for Universal, and others to be made for Netflix. The expectation is that Amblin will generate multiple films per year for Netflix, which has a voracious appetite for content and releases a new film per week. Amblin’s Universal deal was extended last December, at which time comments reflected the possibility that a streaming deal might be in the offing.

https://deadline.com/2021/06/steven-...ro-1234778665/