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Proximity Media Signs Multi-Year TV Deal With Netflix

The deal gives Netflix exclusive rights to Proximity’s future television development.

Overview

  • Proximity Media, led by Ryan and Zinzi Coogler and Sev Ohanian, signed a multi-year exclusive overall television development deal with Netflix on Thursday, June 18, 2026.
  • The agreement comes after Proximity’s five-year TV pact with Disney expired earlier this year and does not erase a handful of existing pilots that remain in progress at Disney and Hulu.
  • Netflix executives including Jinny Howe and Nne Ebong publicly welcomed Proximity and praised the company’s reputation for championing visionary creators.
  • Ryan Coogler’s recent film Sinners — the top-grossing original feature of 2025 with about $365 million worldwide and multiple Oscar wins — sharpened Proximity’s market leverage ahead of the move.
  • Industry observers call the deal one of Netflix’s most high-profile recent overalls and say it strengthens Netflix’s hold on creator-driven series while representing a strategic loss for Disney in competition for marquee talent.