Leading children’s content provider Nickelodeon and streaming service Netflix have joined hands to start developing programmes.
They have inked a multi-year deal that will see the production of original animated shows and feature films for its target audience based on current characters within Nickelodeon’s universe along with new characters.
The overall deal is set to be worth over 200 million dollars but as to the number of shows that will be developed or the number of years that the partnership will last, that was not put forward.
This is certain to boost not only Netflix’s catalogue of shows but also increase its subscriber base as Nickelodeon doesn’t really have a streaming service available so Netflix will act in that capacity.
This move by Netflix follows Disney’s announcement to pull its catalogue of programmes and subsequently launch its own streaming platform Disney+, which got off to a rough start.