Streaming giant Netflix has inked a multi-year exclusive deal with filmmaker Karan Johar's digital content company Dharmatic Entertainment to create a broad range of new fiction and non-fiction series and films for Netflix members.
"I'm super excited about the projects we already have in development and the limitless possibilities ahead. To create universal stories from India that the world discovers is an incredible and unprecedented opportunity," Johar said on Wednesday.
.@NetflixIndia is about to get @Dharmatic_ ! So excited about our exclusive collaboration with NETFLIX! We are creatively aligned to produce original feature films & series (fiction & nonfiction)...itâ€™s going to be P.H.A.T! @apoorvamehta18 @NotSoSnob @aneeshabaig @DharmaMovies pic.twitter.com/cASar5Ycbrâ€” Karan Johar (@karanjohar) September 11, 2019
Netflix and Johar first worked together in 2018 for Lust Stories. He is also involved on two upcoming Netflix films -- as a director on Ghost Stories and Guilty produced by Dharmatic Entertainment.
"Johar and Dharmatic Entertainment will have all the creative freedom and support they need to create pioneering dramas and unscripted series -- as well as films -- for our members all over the world," said Bela Bajaria, Vice President, International Originals, Netflix.
"We're excited about the immense storytelling possibilities ahead. With Netflix as the new storytelling home for Dharmatic Entertainment, I have the highest hopes for what we can do together," said Apoorva Mehta, CEO, Dharma Productions.
"Our vision is to create differentiated stories across diverse genres and we can't wait to craft and usher many more remarkable series and films into the world with Netflix."
This announcement comes a day after Apple unveiled its subscription-based video streaming service â€˜Apple TV+â€™, which will be available from November 1 in over 100 countries for Rs 99 a month. Apple TV+ will offer a line-up of original shows, movies and documentaries, including "The Morning Show," "Dickinson," "See," "For All Mankind" and "The Elephant Queen."
Customers who purchase any iPhone, iPad, Apple TV, iPod touch or Mac can enjoy one year of Apple TV+ for free. Through Family Sharing, up to six family members can share one Apple TV+ subscription.