Wednesday, September 22, 2021 11:03
LOS GATOs (AP/Bloomberg) — Streaming platform Netflix has bought the rights to stories by author Roald Dahl, best known for children’s books like Matilda and Charlie and the Chocolate Factory. After three years of collaboration on series and films based on Dahl’s stories, the American company is now acquiring the entire Roald Dahl Story Company. That company owns the rights to all the characters and stories created by the British author who died in 1990.
Netflix often doesn’t take on other companies. Generally, media companies enter into contracts with well-known TV producers or directors for new programs. With the deal, the company hopes to create programs based on Dahl’s books that will appeal to both children and adults as competition from, say, Disney+ intensifies.
The amount Netflix will acquire Roald Dahl Story Company has not been disclosed. This is likely to be a significant amount. In a previous collaboration, according to the media, Netflix paid between 500 million and 1 billion dollars to use Dahl’s brainchild.
Netflix is currently working on a series based on the book Charlie and the Chocolate Factory, which appeared in the Netherlands as Charlie and the Chocolate Factory. Apart from this, the streaming company is also working with Sony on a musical version of Matilda. The films of both the books have been released earlier.
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