With Latest Acquisition, Netflix Has Now Paid Roald Dahls’ Heirs $1.5 Billion For The Author’s IP Rights



Roald Dahl is one of the most popular children’s authors of all time. He is the creator of such works as “Charlie and the Chocolate Factory,” “James and the Giant Peach,” and “The Witches.” These books are not just perennial favorites in their own right (having been translated into a total of 63 different languages and sold some 300 million copies so far) but reliable source material for children’s movies going back decades.

That makes the rights to Dahl’s stories the province of Netflix, which recently announced the acquisition of the Roald Dahl Story Company. To date, Netflix has paid Roald Dahl’s heirs an astonishing $1.5 billion over two transactions for 100% rights to all of Dahl’s intellectual property.

This latest deal is the culmination of a partnership that began back in November of 2018, when Netflix paid a reported $1 billion to acquire animation rights to a total of 16 Dahl works, including “Charlie and the Chocolate Factory” and “Matilda.” No finished product has come out of that deal as of yet. Just last week it was announced that Netflix was chipping in another $500 million to outright purchase the Roald Dahl Story Company from Dahl’s widow and their three children.

Altogether, that means that Netflix has paid a total of (at least) $1.5 billion for the rights to all of Dahl’s stories, with the goal of creating a “a unique universe across animated and live action films and TV, publishing, games, immersive experiences, live theatre, consumer products and more.”

Read More Details : https://www.celebritynetworth.com/articles/how-much-does/with-latest-acquisition-netflix-has-now-paid-roald-dahls-heirs-1-5-billion-for-the-authors-ip-rights/

Email: olafharek3@gmail.com

Subscribe to our magazine

━ more like this

Elevate Your Brand with Custom Socks Boxes

The importance of packaging in retail where first impressions count. Brands that want to differentiate themselves from their competitors in the market should adopt...

Towing Services in Aurora, CO: Quick and Efficient Solutions at Your Fingertips

Welcome to MAK Towing and Roadside, your go-to towing service provider in Aurora, CO. We understand that vehicle breakdowns and roadside emergencies can be...

Mastering Concealed Carry: Essential Training in Maryland

Your Path to Safe and Responsible Concealed Carry with PTPGUN Are you considering concealed carry in Maryland? Responsible gun ownership involves more than just buying...

Enhance Your Home with Kitchen Remodeling Contractors in Irvine

At Sparkle Restoration Services, we understand that the kitchen is the heart of every home, and we are here to help you transform it...

How to see Divorce Yoga in Kundli According to Astrology

Nowadays, divorce or separation has become very common among married couples. Nowadays, it takes less time to get a divorce than it does to...


Please enter your comment!
Please enter your name here