Sandler's Happy Madison Productions will work alongside Netflix to develop the four films and and premiere them to members in the nearly 50 countries where Netflix operate," said a statement from the company.
Sandler, a former stand-up comic known for his roles in "The Wedding Singer," "Big Daddy," and "Anger Management," said he was pleased with the new deal.
"When these fine people came to me with an offer to make four movies for them, I immediately said yes for one reason and one reason only. Netflix rhymes with wet chicks," he said in the statement.
The news comes days after Netflix unveiled plans to branch out into the world of movies with a sequel to "Crouching Tiger, Hidden Dragon" that will premiere simultaneously on the online streaming service and in selected theatres next year.
"Crouching Tiger, Hidden Dragon: The Green Legend" will be the first of several major films backed by Netflix to be released in August next year.
Netflix, which has been a leader in streaming video, has about 50m subscribers in nearly 50 countries.
Source: AFP via I-Net Bridge
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