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Steven Spielberg's production company reaches film deal with Netflix

Steven Spielberg's production company reaches film deal with Netflix
Amblin, a global film and TV studio, will provide multiple movies per year to Netflix.
PHOTO: Reuters

LOS ANGELES - Steven Spielberg's production company Amblin Partners has reached a multi-year deal to supply movies to Netflix Inc, the company said in a statement on Monday (June 21).

Amblin, a global film and TV studio, will provide multiple movies per year to Netflix, the statement said.

Spielberg, the Oscar-winning director of Schindler's List and Saving Private Ryan, will continue to direct movies for Comcast Corp's Universal Pictures as part of a separate deal.

Financial terms of Amblin's deal with Netflix were not disclosed.

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