Spooked by the Pending Disney Deal, Ryan Murphy Leaves Longtime Studio Home Fox for Netflix

He’ll produce new shows and movies exclusively for them

21st Century Fox has adopted a “business as usual” approach to its TV dealings until Disney’s $52.4 billion deal to acquire the company passes the regulatory process. But Ryan Murphy, its TV studio’s most prolific producer, didn’t get the memo.

Last night, Netflix revealed that it had poached Murphy—Adweek’s reigning TV Creator of the Year—with a five-year deal, which could be worth as much as $300 million, to produce new shows and movies exclusively for the streaming service, beginning July 1.

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