Streaming platform Netflix has acquired the Roald Dahl Story Company (RDSC), streaming giant has announced through a joint statement quoting Netflix Co-CEO and Chief Content Officer Ted Sarandos, and Luke Kelly Managing Director, RDSC and Roald Dahl’s grandson.

“We’re excited to announce that the Roald Dahl Story Company (RDSC) and Netflix are joining forces to bring some of the world’s most-loved stories to current and future fans in creative new ways,” the announcement read.

Netflix in 2018 signed a deal with the company to create animated series based on 16 Dahl books.

This acquisition builds on the partnership that was started three years ago to create a slate of animated TV series.

For example, Academy Award-winning filmmaker Taika Waititi and Academy Award nominee Phil Johnston are now hard at work on a series based on the world of  ‘Charlie And The  Chocolate Factory’.

As per the company’s press release, these projects opened the eyes to a much more ambitious venture – the creation of a unique universe across animated and live-action films and TV, publishing, games, immersive experiences, live theatre, consumer products, and more.

“Roald Dahl’s books have been translated into 63 languages and sold more than 300 million copies worldwide, with characters like Matilda, The BFG, Fantastic Mr. Fox, Willy Wonka, and The Twits delighting generations of children and adults. These stories and their messages of the power and possibility of young people have never felt more pertinent.

“We’re committed to maintaining their unique spirit and their universal themes of surprise and kindness, while also sprinkling some fresh magic into the mix,” the statement said.