LISTEN TO THE NEWS
Netflix previously has never acquired a company before, but that’s all changing now. Netflix today announced that it’s acquiring comic book publisher Millarworld, marking the first ever acquisition by the video streaming giant. Millarworld is Mark Millar’s comic book publishing company.
In Netflix’s press release, the company is acquiring Millarworld as part of their strategy to “acquire intellectual property and ownership of stories featuring compelling characters.” Reason for this is to help their own Netflix Original shows and movies, which are becoming increasingly popular and critical part of their strategy.
Millarworld is best known for its three franchises that are already on screen: Wanted, Kick-Ass, and Kingsman. Under the new Netflix acquisition, the creative team at Millarworld will continue to exist, create, and publish new stories.
Netflix chief content officer Ted Sarandos also commented that the company will be adapting both existing Millarworld franchises, and will also acquire new stories developed by Mark Millar and Millarworld’s creative team moving forward.
Terms of the acquisition were not announced by either company. But knowing Netflix and how serious they are for original programming, the company isn’t afraid to spend a pretty penny to get increase its own library of licenses.
We tell you all that is true. You can form your own view from what you read.
Hamza Khalid is the Lead Editor at The Jolt Journal. You're more than welcome to follow him on Twitter and follow us The Jolt Journal on Twitter and Facebook. If you have any questions, concerns, or need to report something in this article, please send Hamza Khalid an email at [email protected] This story may be updated at any time if new information surfaces.
At The Jolt Journal, no one tells us what to write or how to write it. This is why, in the era of lies and bias, readers turn to an independent source. Rest assured, all information on our website is free of any bias or influence. If you see anything wrong with a story, please don't hesitate to reach out. We do our very best to report on the latest available information.