Australia markets closed
  • ALL ORDS

    7,726.80
    -1.70 (-0.02%)
     
  • ASX 200

    7,415.50
    +0.10 (+0.00%)
     
  • AUD/USD

    0.7468
    -0.0003 (-0.04%)
     
  • OIL

    83.98
    +1.48 (+1.79%)
     
  • GOLD

    1,793.10
    +11.20 (+0.63%)
     
  • BTC-AUD

    82,015.04
    -108.69 (-0.13%)
     
  • CMC Crypto 200

    1,453.34
    -49.69 (-3.31%)
     
  • AUD/EUR

    0.6407
    -0.0015 (-0.23%)
     
  • AUD/NZD

    1.0428
    -0.0004 (-0.04%)
     
  • NZX 50

    13,093.24
    -32.74 (-0.25%)
     
  • NASDAQ

    15,355.07
    -134.52 (-0.87%)
     
  • FTSE

    7,204.55
    +14.25 (+0.20%)
     
  • Dow Jones

    35,677.02
    +73.94 (+0.21%)
     
  • DAX

    15,542.98
    +70.42 (+0.46%)
     
  • Hang Seng

    26,126.93
    +109.40 (+0.42%)
     
  • NIKKEI 225

    28,804.85
    +96.27 (+0.34%)
     

Netflix is acquiring the rights to Roald Dahl's books

·2-min read

Netflix is acquiring the Roald Dahl Story Company (RDSC) and rights to the author's entire catalog, including classics like Charlie and The Chocolate Factory, Matilda and James and the Giant Peach, the company announced. Terms of the deal weren't disclosed (and are subject to regulatory approval), but three years ago Netflix paid "nine figures" for the rights to 16 of Dahl's works, according to The Hollywood Reporter. In any event, it likely represents one of Netflix's largest acquisitions to date.

News of the acquisition started bubbling up yesterday following a Bloomberg report. Netflix has big plans for Dahl's works, including "the creation of a unique universe across animated and live actions films and TV, publishing, games, immersive experiences, live theater, consumer products and more," wrote Netflix Co-CEO Ted Sarandos and RDSC managing director (and Dahl's grandson) Luke Kelly.

https://platform.twitter.com/widgets.js

The companies revealed that director Taika Waititi and screenwriter Phil Johnston are working on a series based on the Charlie and the Chocolate Factoryworld. Netflix is also working with Sony and Working Title on an adaptation of Matilda The Musical.

The acquisition appears to go well beyond Netflix's past content deals, in which it simply licensed content from others. It famously did so with Marvel, then ended up canceling Daredevil and other Marvel shows when it couldn't come to terms with Disney, which was planning at the time to launch rival service Disney+.

With Roald Dahl's catalog, it promises to "bring these timeless tales to more audiences in new formats... [while] maintaining their unique spirit and their universal themes of surprise and kindness," Sarandos and Dahl wrote. "These stories and their messages of the power and possibility of young people have never felt more pertinent." Last year, the company issued an apology on its website for Dahl's history of antisemitic statements, as Bloomberg noted.

Editor's note: This article originally appeared on Engadget.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting