Just a few days ago, Bloomberg reported that Netflix were closing a deal with the Roald Dahl Story Company for the rights to Dahl’s complete works. This has turned out to be true as Netflix announced on Wednesday that the deal had gone through.
No financial figures have been revealed but the deal has been said to be Netflix’s most expensive and largest acquisition. This isn’t the first time Netflix have had dealings with the Roald Dahl Story Company as three years ago Netflix acquired the animated rights to 16 of Dahl’s works. That deal alone was “among the biggest ever for kids and family programming, worth $500 million USD to $1 billion USD”, according to Bloomberg. This resulted in the animated series based on Charlie and the Chocolate Factory and an adaptation of Matilda the Musical.
Netflix said in a statement,
“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… 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 are currently two Dahl films in the pipeline. Netflix is making Matilda and Warner Bros. is making Wonka, a prequel film focused on the young Willy Wonka starring Timothee Chalamet in the titular role.
Everyone at the Roald Dahl Story Company will keep their current positions and the company will operate autonomously from Netflix.