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Entertainment

Netflix lands Ryan Murphy in $300M mega-deal

Six months after Netflix hired producer Shonda Rhimes away from ABC, it has struck again.

The Los Gatos, Calif., company on Tuesday hired Ryan Murphy, who has produced the massive hits “American Horror Story” and “American Crime Story,” away from 20th Century Fox Television.

Terms of the Netflix-Murphy deal were not disclosed, but reports pegged the value at $300 million over five years.

Murphy’s deal with Fox expires on July 1, and that is when he will join Netflix to produce, through his Ryan Murphy Productions, TV series and films.

The Fox TV studio is among the $52 billion in assets Twenty-First Century Fox is selling to Disney.

Murphy had said after the Fox-Disney deal was announced that he would take a “wait and see” approach to his future. He was said to have had numerous offers — including one from Fox.

“Ryan Murphy’s series have influenced the global cultural zeitgeist, reinvented genres and changed the course of television history,” Ted Sarandos, chief content officer at Netflix, said in a statement. “His unfaltering dedication to excellence and to give voice to the underrepresented, to showcase a unique perspective or just to shock the hell out of us, permeates his genre-shattering work.”