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Shonda Rhimes inks $300 million deal with Netflix

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Shonda Rhimes. (306782)
Shonda Rhimes. Credit: Shonda Rhimes / Twitter

According to the Hollywood Reporter, Shonda  Rhimes’ contract with Netflix has expanded. Her new deal with Netflix includes her signing on to create virtual reality, gaming content and films. The new agreement also included a branding and merchandising deal for Shondaland Media that calls for live events and experiences. This expansion of her contract will keep her at Netflix another five years and also double her salary to $300 nillion.

When she joined Netflix in 2017, she inked a deal that would pay her between $100 million and $150 million. Now, she has been pushed into the $300 million to $400 million range.

“When Ted [Sarandos] and I decided to break the traditional network TV business model to move Shondaland to Netflix, we were both taking a leap into the unknown,” Rhimes said. “Today, Shondaland at Netflix is creatively thriving, profitable as an asset and engaging audiences around the world with stories that fearlessly challenge viewers and keep them highly entertained all at once.”

“Bridgerton” was the first show that Rhimes brought to the streaming service and it is now one of their most successful shows ever.  It has already been renewed for three more seasons. , “Bridgerton” follows eight siblings as they try to find love in London’s high class society in the 1800s.

Rhimes said that she left ABC for Netflix so she could create content without being “bothered.”

“The reason I came to Netflix because I wanted to be able to make television without anybody bothering me … and as long as I get to keep making television without anybody bothering me, I’m happy.”

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