Netflix plans new versions of Roald Dahl stories with buyout deal Business

New versions of Roald Dahl’s beloved children’s stories are coming to the small screen after Netflix makes a deal to buy out the company that manages its rights.

The streaming giant has taken over the late author’s entire catalog of novels, which have been translated into 63 languages ​​and sold more than 300 million copies worldwide.

Netflix had previously made a deal to make animation programs based on Dahl’s works. He brought in Oscar-winning director Taika Waititi to direct a new series based on Charlie and the Chocolate Factory and is also producing an adaptation of the musical. Mathilde.

The company purchases the Roald Dahl Story Company, which manages the rights to its characters in publishing, television, film, theater and merchandise.

Ted Sarandos, co-CEO of Netflix, and Luke Kelly, boss of the story company and grandson of the author, said: their universal themes of surprise and cuteness, all while sprinkling a bit of cool magic in the mix. “

The deal is an unusual step for Netflix as it typically only purchases the rights to the content.

This will give the company access to a new source of rich content for its more than 200 million subscribers as it battles competition from Amazon Prime and Disney +.

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This notice was published: 2021-09-22 12:23:57

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