Ryan Murphy Has Just Signed A Huge Netflix Deal

Constantly in demand, show creator Ryan Murphy has just signed an "unprecedented" deal with Netflix. The man behind hit shows like American Horror Story, Glee and Nip/Tuck, has been working exclusively at 20th Century Fox with his series picked up by everyone from Fox to FX. 

According to sources, the platform has paid an astronomical sum of around $300 million to get its hands on the prolific screenwriter and producer. 

(Photo: Jason LaVeris/FilmMagic)

The five-year deal will cover all the showrunner's productions in the near future, including any new series, films, or documentaries he works on. Netflix has already picked up Murphy's One Flew Over the Cuckoo's Nest prequel, based around a younger Nurse Ratched.

But rest assured, fans of American Crime Story, American Horror Story, Feud or 9-1-1, all projects currently airing on other networks will not be affected by the move. The same goes for upcoming series Pose, currently in development at FX. Murphy spoke of the move in a statement saying: 

"I am a gay kid from Indiana who moved to Hollywood in 1989 with $55 in savings in my pocket, so the fact that my dreams have crystallized and come true in such a major way is emotional and overwhelming to me."

Last summer, Grey's Anatomy and Scandal creator Shonda Rhimes was recruited by Netflix for $100 million. Both additions to Netflix will prove a blow to Disney, currently on the verge of buying out 21st Century Fox. 

It's also not great news for competitors Apple, Amazon and Hulu. On the other hand, it is exciting news for viewers with Netflix also promising to shell out $8 billion on new content in 2018. Get ready for some insane bingewatching sessions.