Bloomberg News

Fonda Joins Tomlin in Netflix Comedy ‘Grace and Frankie’ (2)

March 19, 2014

Netflix Inc. (NFLX:US), the world’s largest subscription streaming service, ordered a 13-episode comedy series starring Jane Fonda and Lily Tomlin, adding to its lineup of original shows.

The program, titled “Grace and Frankie,” is being created and written by Marta Kauffman of “Friends,” Howard J. Morris and Paula Weinstein, Los Gatos, California-based Netflix said today in a statement. It will premiere next year.

With the new series, Netflix is bringing together two actresses who helped make the comedy “Nine to Five” a hit in cinemas more than 33 years ago. That film collected $103 million in domestic ticket sales in 1980, second only to “The Empire Strikes Back,” according to Box Office Mojo.

“Grace and Frankie” will be a single-camera comedy featuring Fonda as Grace and Tomlin as Frankie. Their husbands announce they are in love with each other and plan to get married, upending the lives of both women.

The show will be produced by Skydance Productions, led by David Ellison, the son of Oracle Corp. Chief Executive Officer Larry Ellison.

The streaming service has rights to $7.2 billion in content over the next five years, including original shows. The second season of “House of Cards” featuring Kevin Spacey became available for viewing last month. The women’s prison series “Orange is the New Black” returns this year.

Netflix fell less than 1 percent to $420.09 at the close in New York, its 11th straight daily drop. Shares of the company, which has more than 44 million subscribers worldwide, have gained 14 percent this year.

To contact the reporter on this story: Rob Golum in Los Angeles at rgolum@bloomberg.net

To contact the editors responsible for this story: Rob Golum at rgolum@bloomberg.net James Callan, Cecile Daurat


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