This deal comes on the heels of Netflix’s release of the Kurt Russell-starring holiday film The Christmas Chronicles, which was produced by Columbus and his partners Michael Barnathan and Mark Radcliffe via their 1492 Pictures shingles.
Under the pact, Netflix will get first dibs on any feature film that Columbus and his partners want to produce.
Columbus was first known for penning original scripts produced by Steven Spielberg, including Gremlins and The Goonies. He made his directorial debut with the 1987 comedy Adventures In Babysitting and has since directed films like Home Alone, Bicentennial Man, Mrs. Doubtfire, the Julia Roberts-starrer, Stepmom, among others. He and his partners were nominated for an Oscar as producers of The Help, with Viola Davis and Emma Stone.
This is the latest deal in Netflix’s continuing efforts to team with A-list filmmakers under the leadership of Scott Stuber. The streaming giant has already secured deals with producers like Oscar-winning Spotlight producer Michael Sugar, Saving Private Ryan producer Ian Bryce, and also entered into a multi-picture pact with Paramount.