Calling all movie lovers and Netflix addicts! Netflix has just announced a partnership with Steven Spielberg’s film and TV production studio, Amblin Partners. Under the terms of the multi-year deal, Spielberg’s company will produce new films for the streaming giant per year, while continuing to work with Universal Pictures and other longtime partners, according to an official statement. It’s unclear whether Spielberg will be directing movies for Netflix, though.
Collaborating with production companies in the entertainment industry is nothing new, but the partnership between Spielberg and Netflix is major, not only because the acclaimed director has an impressive resume of blockbusters including E.T., Jurassic Park and Schindler’s List, but the deal also viewed as another positive sign of Hollywood’s progress. Streaming services will continue to grow in the future, where the community will be given wider access to great content, no matter what scale, big screen or small screen.