The studio has been home to Sandler’s Happy Madison Productions for 15 years and has fielded 25 films over that time including such homegrown hits as “Click,” “You Don’t Mess with the Zohan” and “50 First Dates.” The deal to make feature films does not expire for years, and Sandler is expected to be involved in upcoming Sony films such as the event film “Pixels” and “Hotel Transylvania 2,” as well as a possible third installment in the “Grown Ups” series, according to an individual with knowledge of the deal.
Happy Madison’s deal with Sony Pictures Television has technically expired, but the division is in the process of renewing the pact, according to individuals with knowledge of that deal. The partnership has yielded seven seasons of the sitcom “Rules of Engagement” on CBS and two seasons of “The Goldbergs” on ABC, along with other less successful series such as “Breaking In.”
In return for being situated on Sony’s Culver City lot, Happy Madison grants Sony first look on the projects it develops. It’s not clear if Sony has right of first-refusal on the projects Sandler will bring to Netflix, but in the past the actor has done films such as “Blended” and “Bedtime Stories” at rival studios, demonstrating that the deal is not exclusive.
Netflix has not announced any studio partners on the films it makes with Sandler. There are currently no discussions with Sony to create the films the actor delivers to Netflix.
Sony was made aware of the Netflix pact before the news broke. The deal with the streaming service gives Sandler greater creative freedom to make the kinds of projects he wants to than would have been afforded by Sony or another traditional studio, according to an individual familiar with the terms.
Spokespeople for Sandler, Netflix and Sony declined to comment for this article.
Cynthia Littleton contributed to this report.