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Shonda Rhimes‘ illustrious career at ABC is coming to an end.

The 47-year-old television producer and story-teller just inked a new deal with Netflix that will reportedly pay her $10 million a year to develop shows and other projects. With a budget of $6 billion solely reserved for original programming, the streaming service’s goal is to recruit Hollywood’s elite to make exclusive shows.

Rhimes said in a statement that she was looking for an “opportunity to build a vibrant new storytelling home for writers with the unique creative freedom and instantaneous global reach provided by Netflix’s singular sense of innovation.” She said “the future of Shondaland at Netflix has limitless possibilities.”

So what does this mean for Grey’s Anatomy, Scandal and How To Get Away With Murder? Grey’s will continue to air on ABC, but as previously reported, the Kerry Washington-led drama will take its final bow starting October 5th. Rhimes will continue her involvement and remain at ABC Studios until her current contract expires in June 2018.

How To Get Away will likely be replaced by Shondaland’s newest drama, For The People. Watch the trailer below.

TELL US: Do you think this was a good move for Shonda?

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