Netflix is reportedly close to acquiring the Roald Dahl catalog

Nearly three years after Netflix signed a deal with The Roald Dahl Story Company to create a universe of animated features based on the author’s books, Bloomberg reports the streamer is in talks to buy the works outright.

There’s no word on exactly how much it costs to own Willy Wonka, the BFG, Matilda, and all the rest, but in 2018, The Hollywood Reporter cited sources claiming that simply licensing 16 titles from the catalog cost Netflix more than $100 million. A deal for this catalog would likely rank as Netflix’s largest, and if it’s close enough that an announcement is possible within “days,” as the report suggests, we could hear more during Netflix’s Tudum fan event this weekend.

Under the current deal, Taika Waititi is working on Roald Dahl animated series projects for Netflix, covering Charlie and the Chocolate Factory and its sequel, Charlie and the Great Glass Elevator. That’s in addition to two different versions of Matilda, including a film version of Matilda the Musical and an animated series, plus plans to make a The BFG cartoon.

At those costs, it’s clear why Netflix might be ready to pay whatever it costs to secure rights to those properties long-term. If the deal is closed, Bloomberg notes it will happen despite the shadow cast by Dahl’s history of antisemitic statements and sometimes misogynistic storytelling. The Dahl Family and the Roald Dahl Story Company released an apology for the remarks in 2020, saying, “We hope that, just as he did at his best, at his absolute worst, Roald Dahl can help remind us of the lasting impact of words.”

For all the latest Technology News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! TechNewsBoy.com is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.