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Technology Stocks : Netflix (NFLX) and the Streaming Wars
NFLX 1,103+0.6%Nov 7 9:30 AM EST

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From: JakeStraw5/9/2019 12:29:38 PM
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Netflix acquires children's media brand StoryBots to create 'the next generation of Sesame Street'
cnbc.com
The acquisition marks a turn for the company toward buying intellectual property. It's Netflix's second content company acquisition after buying MillarWorld in 2017. StoryBots will expand its series offerings within Netflix after the acquisition.

"Netflix really wants to create an educational franchise that's global," Spiridellis said. "That's what they see StoryBots as. We want to make StoryBots the next generation of Sesame Street."
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