23 September 2021
We advised The Roald Dahl Story Company and its shareholders on the sale of the business to streaming giant Netflix, Inc. (Nasdaq:NFLX)
The Roald Dahl Story Company is the international entertainment business managing the rights to Roald Dahl's iconic characters and stories including Charlie & The Chocolate Factory, The BFG and James and the Giant Peach.
Together, Netflix and The Roald Dahl Story Company will bring Roald Dahl’s portfolio of globally recognised characters and stories to life through films, series and children's shows.
Commenting on the deal, Corporate partner James Goold, together with Nick Warr, Partner and Head of the firm’s International Private Wealth sector group, said: "This is a transformational transaction for The Roald Dahl Story Company and we look forward to seeing Roald Dahl's stories and characters brought to life with Netflix in the future. Our role advising on this successful sale demonstrates the strength and close collaboration of Taylor Wessing’s Private Wealth, Media and Corporate teams."
Adam Hirschovits, General and Commercial Counsel of the Roald Dahl Story Company, said: "The Taylor Wessing team gave us invaluable support throughout this transaction from beginning to end. We’d like to thank them for their commitment, as well as their creative and commercial advice, which was crucial in helping us deliver the sale."
The Taylor Wessing team advising The Roald Dahl Story Company and the sellers was led by Corporate partner James Goold. US advice was provided by Wilson Sonsini Goodrich & Rosati, led by Mark Holloway.
The team also included: