Disney Looks To Rope In Famed TV Producer Ryan Murphy From Netflix
Portfolio Pulse from Anusuya Lahiri
Disney is in talks to bring TV producer Ryan Murphy from Netflix after his 5-year deal expires in June. No deal is expected until the resolution of the screenwriters' strike in Hollywood. Disney's chief diversity officer, Latondra Newton, is leaving her role after six years.
June 21, 2023 | 4:36 pm
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Disney is in discussions to bring TV producer Ryan Murphy from Netflix, potentially strengthening its content offerings. Chief Diversity Officer Latondra Newton is leaving the company.
The potential addition of Ryan Murphy could strengthen Disney's content offerings, but the departure of Latondra Newton may have a negative impact on the company's diversity initiatives. The net effect on the stock price is uncertain, so the score is neutral.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 80
NEUTRAL IMPACT
Netflix may lose TV producer Ryan Murphy to Disney after his 5-year deal expires in June, but he will continue to produce shows for Netflix even if he moves to Disney.
Although Netflix may lose Ryan Murphy to Disney, he will still produce shows for the platform. This mitigates the potential negative impact on Netflix's content offerings, resulting in a neutral score.
CONFIDENCE 85
IMPORTANCE 50
RELEVANCE 60