Netflix & 21 Laps: New Strategic Partnership

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Netflix Forges Strategic Partnership with 21 Laps Entertainment

In a significant move for the streaming giant, Netflix has entered into an exclusive, multi-year television series production deal with acclaimed filmmaker Shawn Levy's 21 Laps Entertainment. This partnership builds upon their previous successful collaboration on the global phenomenon "Stranger Things."

The alliance marks a new chapter for 21 Laps, which has appointed industry veteran Josh Barry as President of Television. Barry brings over 15 years of executive experience to the role, having previously served as head of television at ABC Entertainment Group where he oversaw popular shows including "Grey's Anatomy," "Lost," and "Desperate Housewives."

"Netflix took a chance on a show about kids and inter-dimensional monsters from unknown creators," Levy commented about their initial partnership. "They bet big, and it's been truly thrilling. Netflix is the perfect home for our eclectic, bold, humanist and surprising content."

Cindy Holland, Netflix's Vice President of Original Content, praised Levy and his team as "courageous and adept storytellers who lean into risk both narratively and by nurturing great young talent."

While primarily recognized for directing blockbuster comedies that have collectively grossed over $3 billion worldwide, Levy has transformed 21 Laps into one of Hollywood's most diverse production companies. Their portfolio includes critically acclaimed films like "The Spectacular Now" and "Arrival," alongside television projects spanning multiple genres.

The company's upcoming slate features "Darkest Minds" for Fox, "Kodachrome" for Netflix, and "Kin" for Lionsgate. Meanwhile, Levy himself is set to direct "Uncharted," the anticipated adaptation of the PlayStation video game starring Tom Holland.

This partnership strengthens Netflix's position as a premier destination for original content, with the service now reaching over 109 million members across 190+ countries, who collectively stream more than 125 million hours of content daily.

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