Production Agreement With 'Bannerman'

Key Points:

• Netflix has entered the co-production arena through a partnership with AMC Studios to jointly develop and produce original series, marking a first for the global streaming platform.
• The initial project from this collaboration is the drama "Bannerman," based on John R. Maxim's spy novels, with Shane Black co-writing, executive producing, and directing, and Craig Silverstein serving as showrunner and executive producer.
• The co-production deal enhances Netflix's collaboration with traditional studios and extends AMC's relationship with Netflix, which includes a recent $500 million licensing agreement for "The Walking Dead" franchise.
• "Bannerman" will premiere on AMC in the U.S. and Canada, with Netflix streaming the series 90 days after the AMC finale; both platforms will jointly debut episodes in Australia, New Zealand, and Spain, while Netflix holds exclusive rights elsewhere.
• The series follows Paul Bannerman, a former covert operative recruiting assassins to retire in suburban Connecticut, facing challenges from enemies and government forces, and is based on a five-book series by Maxim.