Published: Wed, August 09, 2017
Medicine | By Megan Pierce

Netflix turns to Glasgow and Coatbridge for first acquisition

Netflix turns to Glasgow and Coatbridge for first acquisition

"Together, Netflix and Millar will bring Millarworld's portfolio of critically and fan-acclaimed character franchises to life through films, series and kids' shows available exclusively to Netflix members globally".

Millar is behind Universal's Wanted, Lionsgate's Kickass and Fox's Kingsman: The Secret Service (and an upcoming Chrononauts for Universal), so new and exclusive content based on those properties might be off the table for Netflix for now, but he's got several more to mine: Super Crooks, American Jesus, Starlight and Huck.

"Mark is as close as you can get to a modern say Stan Lee", said Netflix Chief Content Officer Ted Sarandos in a statement.

The value of the acquisition of the company, which Millar runs with his wife, Lucy, has not been disclosed.

"This is only the third time in history a major comic-book company has been purchased at this level", said Millar.

"When you have an opportunity to buy Millar, you do it".

Two of the best known comics in Millarworld - Kingsman and Kick-Ass - are not included in the deal.

Even Millar noted that "Netflix is the future", and I am inclined to agree with him. "Netflix would love to discover the next Quentin Tarantino, for example". It noted in a Monday blog post that the acquisition was a natural progression as it moved to create more "compelling characters and timeless, interwoven fictional worlds".

Millar worked for eight years with Marvel, where he worked developing comic books as well as different story lines that became movies like Captain America: Civil war and Logan.

Netflix has bought Scottish comic book publisher Millarworld in its first ever acquisition. It has published characters and storylines such as "Kick-Ass" and "Kingsman" that have already been adapted into films and have grossed about $1 billion in the global box office. It's a push for increasing Netflix's original content, which is an important factor as the company lessens its reliance on licensing existing shows and films. "This feels like joining the Justice League and I can't wait to start working with them". Last month, the company reported second quarter fiscal 2017 earnings that missed our consensus estimate, but it added 5.2 million subscribers.

Netflix has plenty of experience bringing graphic novels to life.

Netflix shares, which are up 42 percent this year on Nasdaq, was nearly unchanged from Friday, trading at $180.20 in the morning.

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