NAMIT MALHOTRA’S DNEG EXTENDS NETFLIX CONTRACT FOR $350 MILLION | 20 May, 2022

Namit Malhotra’s visual effects and animation company, DNEG, has extended its deal with Netflix through 2025. The non-exclusive agreement is worth $350 million, as per an SEC filing.

Films and TV series produced under the partnership include Stranger Things and The Adam Project. DNEG’s ReDefine division will also supply VFX services and creative supervision for select Netflix programmes. Other projects covered by the deal are Knives Out 2, The School For Good And Evil, Avatar: The Last Airbender, The Witcher: Blood Origin and Slumberland. DNEG Animation is also working on Netflix’s feature film, Nimona.