Date: 22nd June 2021

Steven Spielberg's Amblin Signs Deal To Make Films For Netflix.

Steven Spielberg's production company Amblin Partners has signed a new partnership with Netflix allowing Amblin to produce multiple films for the streaming giant each year.

The deal will see the company produce multiple films for the streamer per year and is on top of the long-standing output pact the company has with Universal.

No titles were immediately announced as part of the deal, but Netflix and Amblin recently collaborated on the 2020 Academy Award Best Picture nominee "The Trial of the Chicago 7". They're also collaborating on Bradley Cooper's Leonard Bernstein film "Maestro", which is currently in pre-production. Amblin is however keeping its theatrical agreement it already has with Universal.

According to the outlet, the new deal will help Amblin to increase its feature slate and reportedly has "no restrictions regarding budget or genre".

"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. We cannot wait to get to work with the Amblin team and we are honored and thrilled to be part of this chapter of Steven’s cinematic history," added Sarandos, Netflix’s co-CEO and chief content officer.

It’s unclear which projects will become Netflix properties, but it’s important to remember that Spielberg himself is still essentially a free agent in Hollywood when it comes to theatrical projects. In the past few years, he has made movies for Warner Bros., 20th Century Studios, and Disney, so he is not locked in to one specific place.

Source: Press Release



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