Ryan Murphy is racing back to his old stomping grounds, and in the process of re-joining longtime collaborator Dana Walden under a new overall deal at Disney.
The decision to reunite with Walden — now the co-chairman of Disney Entertainment — comes five years after Murphy ankled 20th Century Fox TV for a rich deal at Netflix that was reportedly valued at the time at between $250 million-$300 million.
That deal came right before Disney acquired 20th Century Fox and Walden, who at the time was Fox Television Group chairman-CEO.
There had been speculation that Murphy and Walden might join forces as partners in their own production venture, before Murphy moved to Netflix and Walden shifted over to Disney.
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