Kids Corner

Netflix in talks to acquire works of “Charlie and the Chocolate Factory” author Roald Dahl

Written by The Frontier Post

Monitoring Desk

Netflix Inc (NFLX.O) is in talks to acquire the works of “Charlie and the Chocolate Factory” author Roald Dahl, Bloomberg News reported on Tuesday, citing people familiar with the matter.

The deal, which the report said could be announced in the next few days, is likely to give Netflix ownership of children’s classics such as Matilda, The BFG and The Twits.

An acquisition deal is a rarity for Netflix, and this would be it’s biggest such deal in the past decade, the report added. (https://bit.ly/3AxPKoJ)

Netflix did not immediately respond to a Reuters request for comment.

Netflix already has a licensing agreement with The Roald Dahl Story Company from 2018 to create animated series based on the author’s books. (https://reut.rs/3AqmxMq)

Dahl’s fiction has found home in Hollywood with “Charlie and the Chocolate Factory” and “James and the Giant Peach” being made into movies. (https://reut.rs/3nTyHdj)

Courtesy: Reuters

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