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

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Roald Dahl is likely one of the hottest youngsters’s authors of all time. He’s the creator of such works as “Charlie and the Chocolate Manufacturing facility,” “James and the Large Peach,” and “The Witches.” These books usually are not simply perennial favorites in their very own proper (having been translated into a complete of 63 totally different languages and bought some 300 million copies to date) however dependable supply materials for kids’s motion pictures going again many years.

That makes the rights to Dahl’s tales the province of Netflix, which not too long ago introduced the acquisition of the Roald Dahl Story Firm. To this point, Netflix has paid Roald Dahl’s heirs an astonishing $1.5 billion over two transactions for 100% rights to all of Dahl’s mental property.

Ronald Dumont/Every day Categorical/Getty Pictures)

This newest deal is the fruits of a partnership that started again in November of 2018, when Netflix paid a reported $1 billion to amass animation rights to a complete of 16 Dahl works, together with “Charlie and the Chocolate Manufacturing facility” and “Matilda.” No completed product has come out of that deal as of but. Simply final week it was introduced that Netflix was chipping in one other $500 million to outright buy the Roald Dahl Story Firm from Dahl’s widow and their three youngsters.

Altogether, that signifies that Netflix has paid a complete of (not less than) $1.5 billion for the rights to all of Dahl’s tales, with the objective of making a “a singular universe throughout animated and stay motion movies and TV, publishing, video games, immersive experiences, stay theatre, shopper merchandise and extra.”

Proper now, Dahl initiatives in manufacturing at Netflix embody a sequence based mostly on “Charlie and the Chocolate Manufacturing facility” (to not be confused with a Willy Wonka prequel movie entitled “Wonka” starring Timothée Chalamet reportedly within the works) and a display model of “Matilda the Musical.” And with this new acquisition, you’ll be able to anticipate to see much more Dahl-branded variations on the platform sooner or later.


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