Netflix Announces $686 Million Deal

Netflix, which often comes to the fore with its investments, announced the most expensive deal it has ever signed. Popular content platform Netflix bought the licensing rights of Roald Dahl Story Company for $686 million.

Production company providing technology and media services Netflix, ranks first among the most preferred and loved content platforms by users. In recent years, the number of users of the platform has increased much faster with the effect of the pandemic. The company has been on the agenda recently with its commercial moves to better serve its users.

Global asset management company recently Aviva Investors a long-term lease with signedgiant film studio located in Surrey, England, as part of the contract. Longcross Studios had taken over. recently to develop and support the UK’s next generation of creators. Grow Creative UK judicial $1.6 million announced a new training program. With the latest statement made by the company, Netflix’s the most expensive agreement was signed.

Netflix Acquires Roald Dahl Story Company’s Copyrights

Netflix is ​​one of the UK’s most famous writers, Roald Dahl. all license rights copyrights of the story company Roald Dahl Story Company, which owns $686 million announced its purchase. This company manages the rights to Roald Dahl, the author of Charlie’s Chocolate Factory, Matilda, The Giant Peach, and many more, his characters and stories, and their use in publishing, television, film, theater, products, and more. spherical an entertainment company.

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Well, if you’re wondering what we will gain from this deal, Netflix has announced that a newly adapted series is already in production. This directory “To the world of Charlie and the Chocolate Factory” It is said to be based. In a press release on Netflix’s new deal, “As we bring these timeless stories to more audiences in new formats, we are committed to maintaining their unique spirit and universal themes of surprise and kindness, and to sprinkle some fresh magic into the mix.” shaped He did an explanation.

Source :
https://www.therichest.com/rich-powerful/a-record-breaker-netflix-signs-its-most-expensive-deal-ever-for-700-million/


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