Screentime

Netflix Signs Multiyear Deal for Films From Steven Spielberg

  • They’ve already collaborated on ‘Chicago 7,’ Bernstein biopic
  • Famed director was once seen as a critic of streaming service

Steven Spielberg, the father of the modern movie blockbuster, signed a multiyear deal to provide films for Netflix Inc., 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 statementBloomberg Terminal. 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.