March 20 (Reuters) - Netflix ( NFLX ) and Warner Music
Group ( WMG ) have signed an exclusive multi-year deal to
produce documentary series and films exploring the lives, music
and legacies of the label's storied artist roster.
The partnership, announced on Friday, hands Netflix ( NFLX ) access
to one of the most formidable vaults in music history. WMG
represents legends like David Bowie, Cher, Fleetwood Mac, Aretha
Franklin and Joni Mitchell, alongside contemporary superstars
such as Charli XCX, Coldplay and Bruno Mars.
The deal marks the latest front in an intensifying race
between music-rights owners and streaming platforms eager to
turn deep catalogues into premium visual content and subscriber
growth.
Music documentaries have increasingly become a vehicle for
fan-driven and culturally resonant programming, a trend
underscored by Taylor Swift's "Eras Tour" film grossing over
$260 million globally.
Under the agreement, WMG will work with Unigram - the
production company aligned with the label - which will serve as
the studio for its long-form projects. Each title will be
developed in collaboration with the artists themselves or their
estates.
The partnership bolsters Netflix's ( NFLX ) growing slate of
music-driven programming, where it has already built a
reputation as a heavyweight in the genre with titles such as
"Homecoming: A Film by Beyonce" and "Quincy" among its
highest-profile releases.
Rival platforms have also been aggressively investing in
music storytelling. Disney+ hosts a range of high-profile
releases including "The Beach Boys", while Max has drawn
attention with documentaries such as "Stax: Soulsville U.S.A.",
showcasing historic labels and influential artists.
Apple Music, meanwhile, has pushed into original music video
content, producing documentaries and livestreaming concerts
through its Apple Music Live series, which has featured artists
such as Harry Styles and Billie Eilish.