Big news for the future of cinema broke on Monday, when Netflix announced they had forged an official partnership with director Steven Spielberg and his production company Amblin Entertainment that "will cover multiple new feature films per year."
"At Amblin, storytelling will forever be at the center of everything we do, and from the minute Ted [Sarandos] and I started discussing a partnership, it was abundantly clear that we had an amazing opportunity to tell new stories together and reach audiences in new ways," Spielberg said in a statement. "This new avenue for our films, alongside the stories we continue to tell with our longtime family at Universal and our other partners, will be incredibly fulfilling for me personally since we get to embark on it together with Ted, and I can't wait to get started with him, Scott, and the entire Netflix team."
Netflix's biggest and earliest live-action hits was Stranger Things, which was pretty clearly inspired by Spielberg's classic '80s movies. Now they have the man himself to work with.
"Steven is a creative visionary and leader and, like so many others around the world, my growing up was shaped by his memorable characters and stories that have been enduring, inspiring and awakening," Netflix CEO Ted Sarandos said in a statement.
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