NETFLIX annouces new deal to acquire ROALD DAHL COMPANY

Netflix has confirmed plans to acquire the Roald Dahl Story Company (RDSC) in a deal it says will allow it to bring some of the world’s most loved stories to current and future fans in creative new ways.

This acquisition comes after Netflix commence working with the Roald Dahl company three years ago to create a slate of animated TV series.

Academy Award winning filmmaker Taika Waititi and Academy Award nominee Phil Johnston are now hard at work on a series based on the world of Charlie and the Chocolate Factory.

In addition, production companies Sony and Working Title have been working on an adaptation of Matilda The Musical.

These projects opened our eyes to a much more ambitious venture – the creation of a unique universe across animated and live action films and TV, publishing, games, immersive experiences, live theatre, consumer products and more.

Roald Dahl’s books have been translated into 63 languages and sold more than 300 million copies worldwide, with characters like Matilda, The BFG, Fantastic Mr. Fox, Willy Wonka and The Twits delighting generations of children and adults.

The completion of the transaction is still subject to regulatory approvals

Co-CEO and Chief Content Officer, Ted Sarandos said:

“As we bring these timeless tales to more audiences in new formats, we’re committed to maintaining their unique spirit and their universal themes of surprise and kindness, while also sprinkling some fresh magic into the mix.”

“There is a moment in James and the Giant Peach when the Ladybird says: “We are now about to visit the most marvellous places and see the most wonderful things!”. The Centipede replies, “there is no knowing what we shall see!”.

Netflix and The Roald Dahl Story Company share a deep love of storytelling and a growing, global fan base. Together, we have an extraordinary opportunity to write multiple new chapters of these beloved stories, delighting children and adults around the world for generations to come.”