The streaming giant, Netflix, has recently acquired the Roald Dahl Story Company for an undisclosed amount, giving Netflix access to the full catalog of works from the famous British author.
The deal between the two companies extends a relationship that began in 2018 with an initial pact that gave Netflix access to 16 titles for animation adaptations. To date, projects currently ongoing include the upcoming series of Phil Johnston and Taika Waititi based on the world of Charle and the Chocolate Factory as well as an adaptation of Mathilda The Musical with Working Title and Sony.
The deal struck by Netflix will help build its content in the streaming wars against other streaming giants such as HBO Max, Amazon Prime Video, and Disney+.
Netflix said recently that it was planning on creating a universe of projects based on all of Roald Dahl's properties across live-action and animated films, publishing, games, TV, immersive experiences, consumer products, and live theater.
The Roald Dahl Story Company offers a very huge global opportunity for Netflix as a lot of Roald Dahl's books has been translated into 63 different languages and sold more than 300 million copies.
The co-CEO of Netflix, Ted Sarandos, recently wrote in a blog post: "There is a moment in James and the Giant Peach when the Ladybird says: "We are now about to visit the most marvelous 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."