Netflix, known for its streaming service and original content, has also made several strategic acquisitions to expand its corporate empire. While Netflix has taken a slower approach to acquisitions compared to its competitors, it has still managed to acquire a number of notable companies. These acquisitions have allowed Netflix to diversify its content offerings and expand its presence in various industries. Let’s take a closer look at some of the companies owned by Netflix.
Key Takeaways:
- Netflix has made strategic acquisitions to diversify its content offerings.
- Roald Dahl Story Co. is one of Netflix’s recent acquisitions, providing access to Dahl’s beloved characters and stories.
- Night School Studio, a video game developer, was acquired by Netflix as part of its expansion into the gaming industry.
- StoryBots, a children’s media franchise, was acquired by Netflix to cater to a younger demographic.
- Netflix’s acquisitions contribute to its corporate strategy and allow for further expansion and diversification.
Roald Dahl Story Co.
One of Netflix’s recent acquisitions is Roald Dahl Story Co., a strategic move that expands its content library and strengthens its position as a leading provider of original TV shows and movies. With this acquisition, Netflix now has the rights to the beloved characters and stories created by the iconic author Roald Dahl, including James and the Giant Peach, Charlie and the Chocolate Factory, Matilda, Fantastic Mr. Fox, and The BFG.
By owning Roald Dahl Story Co., Netflix can tap into the nostalgia associated with Dahl’s works and create new adaptations that resonate with audiences of all ages. This acquisition opens up exciting opportunities for the streaming giant to develop unique and compelling content, bringing these timeless stories to life in new and innovative ways.
Through its ownership of Roald Dahl Story Co., Netflix can further expand its portfolio of original TV shows and movies, providing subscribers with a diverse range of content. This acquisition demonstrates Netflix’s commitment to investing in high-quality storytelling and reinforces its position as a dominant force in the entertainment industry.
Night School Studio: Expanding Netflix’s Gaming Presence
Netflix’s expansion into the gaming industry has taken a significant step forward with the acquisition of Night School Studio. As a renowned video game developer, Night School Studio brings valuable expertise and intellectual property to Netflix’s growing portfolio. Best known for their debut game, Oxenfree, a supernatural thriller, Night School Studio has captured the attention of gamers worldwide with their innovative storytelling and immersive gameplay.
With this strategic acquisition, Netflix aims to further diversify its offerings and attract a broader audience. The move aligns with Netflix’s plans to launch its own gaming service, allowing subscribers to enjoy a seamless entertainment experience across different mediums. By combining Night School Studio’s video game IP with Netflix’s renowned streaming platform, the possibilities for interactive and engaging content are limitless.
Exploring the World of Oxenfree and Beyond
Oxenfree is just the beginning of the exciting partnership between Netflix and Night School Studio. This critically acclaimed game follows the story of a group of friends who stumble upon a supernatural rift while visiting an abandoned island. As players navigate through the game, their choices and actions have real consequences, shaping the outcome of the story.
With Night School Studio now under Netflix’s wing, fans can look forward to an expanded universe of interactive and immersive experiences. Netflix has a history of pushing boundaries in storytelling, and this acquisition opens up new possibilities for groundbreaking gaming content. Whether it’s exploring the mysteries of Oxenfree or venturing into entirely new worlds, the collaboration between Netflix and Night School Studio holds great promise for gamers and entertainment enthusiasts alike.
Night School Studio Acquisition | |
---|---|
Acquired Company | Night School Studio |
Key Product | Oxenfree |
Acquisition Purpose | Expansion into gaming industry and development of Netflix gaming service |
IP and Expertise | Valuable video game intellectual property and innovative storytelling approach |
StoryBots
Another noteworthy addition to Netflix’s portfolio is StoryBots, a captivating kids media franchise that combines entertainment and education. This acquisition by Netflix further solidifies its commitment to providing quality content for younger viewers.
StoryBots gained prominence with its original TV series, “Ask the StoryBots,” which premiered on Netflix in 2016. The show follows a lovable group of animated creatures as they answer curious questions posed by children. With its catchy songs and engaging storytelling, “Ask the StoryBots” has proven to be a hit among young audiences.
The acquisition of StoryBots by Netflix in 2019 not only secured the rights to the existing content but also included an exclusive producing deal with the franchise’s creators. This partnership opened up possibilities for the development of new and exciting StoryBots content.
While updates on new StoryBots productions have been relatively quiet, recent job postings hint at the potential for a fourth season. If confirmed, young viewers can look forward to more educational adventures and delightful songs from the StoryBots gang.
FAQ
What companies does Netflix own?
Netflix owns several companies as part of its corporate empire. Some notable acquisitions include Roald Dahl Story Co., Night School Studio, and StoryBots.
What is Roald Dahl Story Co.?
Roald Dahl Story Co. is a company that Netflix acquired for over $700 million. It provides Netflix with access to the characters and stories created by the iconic author Roald Dahl, allowing Netflix to create more original TV shows and movies based on his works.
What is Night School Studio?
Night School Studio is a video game developer that Netflix acquired. They are best known for their debut game called Oxenfree, a supernatural thriller. Netflix’s acquisition of Night School Studio aligns with their plans to launch their own video game streaming service and potentially adapt the studio’s intellectual property into streaming content.
What is StoryBots?
StoryBots is a children’s media franchise targeted towards kids aged 3 to 8. Netflix acquired the franchise in 2019 and signed the creators to an exclusive producing deal. StoryBots debuted on Netflix with the original TV series “Ask the StoryBots,” which focuses on educational content. This acquisition allows Netflix to expand its library of high-quality children’s content and cater to a younger demographic.