Beef creator Lee Sung Jin and Netflix continue to have no beef whatsoever.

On Wednesday, Lee revealed the launch of his new production company Lila Pictures , which has been formed to facilitate the creation of scripted series and feature films under Lee’s Netflix pact. Hyunji Ward ( Daddio ), who started her career at UTA and spent the past four years at Dakota Johnson’s TeaTime Pictures, will be Lila’s senior vice president of film and television.

Lila (pronounced “Lee-lah”) Pictures derives its name from the Sanskrit word meaning “divine play.” So it’s pretty clever. Lee will use the banner to create, executive produce, write and direct series and films, while also “investing in the next generation of creative voices,” per the announcement.

There were also two new series in development to share:

A new limited-drama series , The Only Child , which reunites Lee with longtime collaborators Ali Wong ( Beef season one) and playwright and screenwriter Ava Wong Davies (Industry ).…