Netflix plans new versions of Roald Dahl stories with takeover deal

New versions of Roald Dahl’s beloved children’s tales are coming to the compact monitor after Netflix struck a deal to obtain the company that manages his legal rights.

The streaming huge has snapped up the late author’s entire catalogue of novels, which have been translated into 63 languages and offered a lot more than 300m copies around the world.

Netflix by now experienced an settlement in place to make animated programmes primarily based on Dahl’s operates. It has tapped Oscar-winning director Taika Waititi to make a new sequence primarily based on Charlie and the Chocolate Factory and is also manufacturing an adaptation of the musical Matilda.

The company is obtaining the Roald Dahl Story Organization, which manages the legal rights to his figures across publishing, Television set, film, theatre and items.

Ted Sarandos, co-main executive of Netflix, and Luke Kelly, the tale firm’s manager and grandson of the creator, said: “As we bring these timeless tales to a lot more audiences in new formats, we’re committed to maintaining their one of a kind spirit and their universal themes of shock and kindness, although also sprinkling some clean magic into the mix.”

The deal is abnormal action for Netflix as it normally only purchases the legal rights for written content.

It will give the company entry to a rich new seam of written content for its 200m-additionally subscribers as it fights opposition from the likes of Amazon Primary and Disney+.