Dear Visitor,

Our system has found that you are using an ad-blocking browser add-on.

We just wanted to let you know that our site content is, of course, available to you absolutely free of charge.

Our ads are the only way we have to be able to bring you the latest high-quality content, which is written by professional journalists, with the help of editors, graphic designers, and our site production and I.T. staff, as well as many other talented people who work around the clock for this site.

So, we ask you to add this site to your Ad Blocker’s "white list" or to simply disable your Ad Blocker while visiting this site.

Continue on this site freely
  HOME     MENU     SEARCH     NEWSLETTER    
TECHNOLOGY, DISCOVERY & INNOVATION. UPDATED 3 MINUTES AGO.
You are here: Home / Digital Life / Netflix Buys Comic Book Company
Netflix Reveals First-Ever Acquisition: Comic Publisher Millarworld
Netflix Reveals First-Ever Acquisition: Comic Publisher Millarworld
By Mark Sweney Like this on Facebook Tweet this Link thison Linkedin Link this on Google Plus
PUBLISHED:
AUGUST
07
2017
Netflix has made its first acquisition, buying the comic book company behind Kick-Ass and Kingsman, as it looks to imitate Marvel-owner Disney's superhero strategy.

Netflix's acquisition of Millarworld, founded by former Marvel comic developer Mark Millar, is a strategic move to own and develop its own universe of superhero TV series and films.

Disney's $4bn (£3.07bn) move to buy Marvel in 2009, taking ownership of characters including Iron Man and Captain America, took the industry by surprise at the time but has proved to be box office gold.

Marvel TV shows such as Jessica Jones, Luke Cage and Daredevil have proved to be some of the most popular among Netflix viewers, and best value for money for the company, according to Ampere Analysis.

Millar, 47, spent eight years at Marvel, developing the comic books and story arcs that inspired the Avengers film, Captain America: Civil War and the recent Wolverine movie, Logan, before setting up Millarworld with his wife Lucy.

Netflix, which did not disclose the amount it paid for Millarworld, intends to turn the company's portfolio of character franchises into films, TV series and children's shows.

"As creator and re-inventor of some of the most memorable stories and characters in recent history, ranging from Marvel's The Avengers to Millarworld's Kick-Ass, Kingsman, Wanted and Reborn franchises, Mark is as close as you can get to a modern day [Marvel legend] Stan Lee," said Ted Sarandos, Netflix's chief content officer.

Millar and his co-creators have so far developed 18 character franchises or worlds of which three -- Wanted, Kick-Ass and Kingsman -- have been turned into films that have grossed about $1bn (at the box office. He will continue to create and publish new stories and character franchises under the Netflix label.

"Netflix is the future and Millarworld couldn't have a better home," he said. "We look forward to creating new Netflix originals from several existing franchises as well as new super-hero, anti-hero, fantasy, sci-fi and horror stories Mark and his team will continue to create and publish," said Sarandos.

Last month, Netflix, which has a market capitalization of almost $80bn, passed the 100 million global subscriber mark.

The company's huge success comes at a cost, with nearly $16bn committed to making and acquiring TV shows and films over the next five years. By buying the rights to potentially lucrative franchises the company hopes to cut its ballooning content budgets.

© 2017 Guardian Web under contract with NewsEdge/Acquire Media. All rights reserved.

Image credit: NETFLIX.

Tell Us What You Think
Comment:

Name:

Like Us on FacebookFollow Us on Twitter
MORE IN DIGITAL LIFE

NETWORK SECURITY SPOTLIGHT
A computer programmer who created malware used to hack the Democratic National Committee during the 2016 U.S. presidential race has become a cooperating witness in the FBI's investigation.

SCI-TECH TODAY
NEWSFACTOR NETWORK SITES
NEWSFACTOR SERVICES
© Copyright 2017 NewsFactor Network. All rights reserved. Member of Accuserve Ad Network.