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Chernin Entertainment, Netflix Sign First-Look Deal for Film

Chernin Entertainment, the manufacturing firm run by Peter Chernin, has signed a first-look, non-exclusive take care of Netflix for movies, a person with information of the deal advised TheWrap.

Chernin was beforehand arrange at Fox however the govt known as it quits with the corporate following the Disney-Fox merger. The cut up was on account of Disney’s aversion to carry on third social gathering companions to finance its movies.

Terms of the deal between Chernin and Netflix weren’t disclosed.

The partnership between Chernin Entertainment and Fox produced such hits as the brand new “Planet of the Apes” trilogy reboot, “Hidden Figures” and “The Greatest Showman.” Some bombs, like “Snatched” and “Tolkien” additionally got here out of the partnership.

Most lately, Chernin produced James Mangold’s “Ford v Ferrari,” which scored 4 Oscar nominations and received two, and which additionally grossed $117 million on the home field workplace. He additionally lately produced the animated comedy “Spies in Disguise,” starring Will Smith and Tom Holland, in addition to Kristen Stewart’s “Underwater.”

Chernin Entertainment is presently in post-production on the “Fear Street” trilogy in post-production with Disney. The first film was set to hit theaters in June. The “Fear Street” movies are teenage horror tales primarily based on books by “Goosebumps” writer R.L. Stine, and all three are directed by Leigh Janiak, a horror director behind the movie “Honeymoon.

Representatives for Chernin and Netflix declined to remark.

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