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New Deal


Announced

Netflix acquired Storybots.

Financials

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Acquisition

Friendly

United States

entertainment

Single Bidder

Entertainment

Private

digital media

Pending

Synopsis

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Netflix, the world's leading internet entertainment service, acquired StoryBots, the children's learning and entertainment brand behind the hit Emmy Award-winning Netflix Original series Ask The StoryBots. Financial terms were not disclosed. The acquisition is a sign of Netflix's commitment to bring educational content to its growing member base of kids and families around the world. "Together with Netflix, our goal is to make StoryBots the leading educational entertainment brand for connected kids and families globally.", Evan and Gregg Spiridellis, StoryBots Co-founder.

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