TV Industry Abuzz About Ryan Murphy’s Netflix Deal and Fallout for Disney, Fox and FX

Ryan Murphy’s move to Netflix is reverberating around the industry, spurring much discussion about the size of the deal and the impact on the studios and networks he leaves behind.Murphy’s five-year deal is said to be worth as much as $250 million-$300 million over the term — an astronomical sum that dwarfs the offers that traditional TV networks and studios could reasonably field. To land the most prolific producer working in TV today, Netflix committed to rich guarantees and funding of overhead costs for his sizable Ryan Murphy Productions operation, as well as Murphy’s top-shelf fees for his work as a writer, director, and producer on his shows.