Netflix and DreamWorks Expand Partnership Globally

Netflix and DreamWorks Expand Partnership Globally
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Netflix and DreamWorks Animation announced Tuesday they are expanding a partnership to distribute original TV series, old and new, in markets around the world, except China.

The two companies first struck a deal in 2011 covering the distribution of DreamWorks Animation features, which was then expanded in 2013 to include original programs inspired by some of the studio's most popular animated creations.

The latest extension gives Netflix rights to a number of new original series for kids from DreamWorks Animation in all markets in which it currently operates, with the exception of China.

It also gives Netflix streaming rights to the studio's feature film library.

Netflix currently operates in more than 60 countries, up from about 40 in June 2013 when the original deal was first expanded.

Netflix has about 69 million subscribers around the world.

Among the original programming that DreamWorks is to produce for Netflix is "Trollhunters" by Mexican film director Guillermo del Toro.

That series is to revolve around two characters never seen before in a DreamWorks production.

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