DreamWorks Animation To Produce TV Shows Based On Its Characters For Netflix

DreamWorks Animation shares are up more than 9% pre-market while Netflix is up more than 5% after striking what it calls its largest-ever original content deal. The studio will produce at least 300 hours of programming exclusively for Netflix that will run across its global markets over several years. DWA says that makes this “a cornerstone of a major initiative” to “greatly expand its television production and distribution worldwide.” The shows will be “inspired by” DWA characters as well as ones from the Classic Media library it bought last year. The first series in this deal will air in 2014. (The companies had previously announced that DWA will produce an animated series for Netflix, Turbo F.A.S.T, that will be available in December.) Although the companies are short on details, the news reassures investors that Netflix and DWA can carry on nicely after each allowed carriage deals with Viacom to lapse. (more…)

This article was printed from https://deadline.com/2013/06/dreamworks-animation-produce-tv-shows-netflix-522497/