Netflix Inc. said it has agreed to buy the Roald Dahl Story Co., adding popular children’s stories like “Charlie and the Chocolate Factory” and “Matilda” to its stable as it looks to counter slowing subscriber growth.
The streaming giant said Wednesday that by acquiring the U.K.-based company, which controls the rights to the author’s stories and characters like “Fantastic Mr. Fox,” “The Twits” and “The BFG,” it aimed to produce animated and live-action films and TV shows. It also said it could produce games, live theater and consumer products based on Mr. Dahl’s creations.