
Netflix Buys Comic Book Publisher Millarworld
Netflix (NFLX) - Get Report announced Monday that it acquired comic book publisher Millarworld for an undisclosed sum as a "natural progression" in its effort to work directly with creators.
Millarworld owner Mark Millar's character worlds have inspired films that have grossed almost $1 billion worldwide. During eight years at Disney-owned (DIS) - Get Report Marvel Entertainment, Millar developed comic books and story arcs behind successful films including "Avengers," "Captain America: Civil War" and "Logan."
This is the first acquisition of its kind for Netflix, which is making an effort to strike deals with creators directly and gain access to intellectual property and ownership of stories such as Millarworld's. Some of Millarworld's most iconic characters include Kick-Ass, Kingsman and Old Man Logan.
Netflix stock traded up at the market open.
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