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Netflix plans new versions of Roald Dahl stories with takeover deal

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New variations of Roald Dahl’s beloved children’s stories are coming to the little screen after Netflix struck a offer to acquire the company that manages his rights.

The streaming huge has snapped up the late author’s entire catalogue of novels, which have been translated into 63 languages and bought more than 300m copies throughout the world.

Netflix now experienced an arrangement in put to make animated programmes primarily based on Dahl’s will work. It has tapped Oscar-winning director Taika Waititi to make a new sequence based on Charlie and the Chocolate Manufacturing unit and is also making an adaptation of the musical Matilda.

The organization is purchasing the Roald Dahl Tale Corporation, which manages the rights to his figures throughout publishing, Television set, film, theatre and merchandise.

Ted Sarandos, co-chief government of Netflix, and Luke Kelly, the story company’s manager and grandson of the creator, stated: “As we carry these timeless tales to a lot more audiences in new formats, we’re fully commited to sustaining their unique spirit and their common themes of surprise and kindness, while also sprinkling some fresh new magic into the blend.”

The deal is unusual move for Netflix as it ordinarily only purchases the legal rights for material.

It will give the corporation access to a loaded new seam of articles for its 200m-in addition subscribers as it fights opposition from the likes of Amazon Key and Disney+.