October 24, 2021

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Netflix acquires the Roald Dahl Story Company - E24

Netflix acquires the Roald Dahl Story Company – E24

The biggest acquisition will be for the energy service.

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After three years of collaborating to create an animated series from the world of Roald Dahl, Netflix announced Wednesday that it will buy the Roald Dahl Story Company.

Bloomberg It reported earlier Wednesday that the Energy Service was in talks about sales. The news agency writes that Netflix has made fewer than a dozen acquisitions in the past decade, and that should be the biggest for the streaming service.

Directors Taika Waititi and Phil Johnson were working on a series based on “Charlie and the Chocolate Factory,” and Waititi is developing a series about Ompa Lumpas, Netflix wrote in the letter.

They also mentioned that they are collaborating with Sony and Working Title on a remake of “Mathilda The Musical” with Emma Thompson and Lashana Lynch, according to the ad.

“These projects opened our eyes to an even more ambitious project, to create a unique world across animation, feature films, television, publications, games, immersive experiences, theater, consumer products, and more,” writes the streaming service.

If not more relevant today

The cost of agreement on ongoing projects was between $500 and $1 billion, the largest price ever in the children and family world, according to Bloomberg.

Netflix notes that they are “working to bring these timeless stories to more viewers in new formats, while we want to preserve the unique atmosphere.”

These stories and messages about young people’s strengths and opportunities seem equally, if not more, relevant today, says the press release.

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The Roald Dahl Story Company owns the rights to all of Roald Dahl’s stories, such as “The Witches” and “SVK”. The author himself died in 1990 at the age of 74.

It will start with games next year

Netflix states that Dahl’s novels have been translated into 63 languages ​​and have sold over 300 million copies.

When the Energy Service develops the universe for its platforms, it will be available to more than 209 million paying subscribers.

In July, the company presented its second-quarter results. By that time, the number of paying subscribers had increased by 1.54 million, and they were expecting 3.5 million new subscribers.

Dahl’s world has been planned for and used in games as well, says the streaming service, which will launch with games next year.