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Netflix signs deal with Hollywood producer worth up to $300M

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Netflix signed a five-year deal with Hollywood producer Ryan Murphy that's said to be worth as much as $300 million.

Murphy is the producer behind “Glee,” “Nip/Tuck” and the anthology series “American Crime Story” and “American Horror Story."

The deal is said to be one of the largest ever for a TV producer.

Read more from The New York Times.

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