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Netflix just bought its first company—and it's to team up with a comic book legend

Posted on October 7, 2021August 17, 2022 by Curtis Johnson
Business World

Netflix just bought its first company—and it’s to team up with a comic book legend

August 7, 2017 by
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Netflix just made its first acquisition—and it’s for a whole new world. 

The streaming giant has acquired Millarworld, the company of comic book legend Mark Millar. 

The deal highlights Netflix’s aggressive push into making its own shows based on external characters and stories, something it has already done with numerous Marvel comic-based shows. 

Netflix did not disclose the price of the acquisition.

“The acquisition, the first ever by Netflix, is a natural progression in the company’s effort to work directly with prolific and skilled creators and to acquire intellectual property and ownership of stories featuring compelling characters and timeless, interwoven fictional worlds,” the company wrote in a press release.

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