'Glee,' 'American Horror Story' producer Ryan Murphy nears a 5-year deal with Netflix worth up to $300 million

Posted On: Feb 14, 2018   |   Posted By: Business Insider

'Glee,' 'American Horror Story' producer Ryan Murphy nears a 5-year deal with Netflix worth up to $300 million

Famed "Glee" and "American Horror Story" producer Ryan Murphy is said to be pulling up stakes from 21st Century Fox and going to Netflix in a five-year deal worth as much as $300 million, The New York Times reported on Tuesday night.
If finalized, the agreement would be the most lucrative deal for a producer. "Scandal" and "Grey's Anatomy" creator Shonda Rimes inked a $100 million deal with Netflix in August.
Murphy's tie-up with Netflix comes as his contract with 21st Century Fox nears its end. His move would be a potentially significant loss for Fox, which announced in December that it would sell a number of its television production assets to Disney for $52.4 billion.
Ryan Murphy, the producer behind the hit TV shows "Glee," "American Horror Story," and "Nip/Tuck," is said to be in talks to land at Netflix in a five-year deal worth as much as $300 million, The New York Times reported on Tuesday.
The deal represents the largest-ever for a television producer according to the The Times, and follows a $100...

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