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Steven Spielberg's production unit, Netflix ink blockbuster deal

Famed director, once seen as a critic of streaming service, signs multi-year deal to provide films for the platform

Steven Spielberg
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The 74-year-old Spielberg, who directed ET, the Indiana Jones series, Jurassic Park and Saving Private Ryan, serves as Amblin’s chairman

Nick Turner | Bloomberg
Steven Spielberg, the father of the modern movie blockbuster, signed a multi-year deal to provide films for Netflix, promising a stream of new pictures for the online video leader.

The multifilm agreement with Amblin Partners builds on an existing relationship, the parties said Monday in a statement. They’ve already teamed up on last year’s The Trial of the Chicago 7 and the Leonard Bernstein biopic Maestro, which is in preproduction. Terms of the deal weren’t disclosed.

Netflix is the dominant paid streaming service, but it’s seeking more hits that can attract subscribers and help it stand out in a crowded market —

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