Thursday, May 9, 2019

Netflix Buys StoryBots, Extending Its Reach Into Family-Friendly Shows

Looks like Netflix (NFLX - Get Report) could be stepping on Disney's (DIS - Get Report) turf. The streaming giant has acquired StoryBots, a children's educational media brand, for an undisclosed price in a deal that will expand its franchises into new areas and formats. The StoryBots deal is only the third acquisition in …

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