Netflix, Amazon Billions Lure Hollywood Hitmakers to Jump Ship
- Streaming services increase viewers, while pay TV languishes
- Ryan Murphy bolts Fox, joining Shonda Rhimes at Netflix
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Netflix Inc.’s surprise $300 million deal to poach Ryan Murphy from 21st Century Fox Inc. shows just how easy it’s getting for rich tech companies to steal Hollywood’s top talent.
Netflix, which released its first original series just six years ago, has now lured two of the most successful producers in TV -- Murphy and Shonda Rhimes -- from two of the industry’s most valuable companies. Rhimes, the producer of “Grey’s Anatomy” and “Scandal,” bolted from Walt Disney Co.’s ABC in August.