Netflix Acquires 'Sesame Street' Movie Rights After Bidding War
By
Borys Kit
Summary
Netflix has won a bidding war to acquire the feature film rights to Sesame Street. The project will be produced by Rideback, the production company behind live-action hits like "Lilo & Stitch" and "Aladdin." The deal positions Netflix to develop a new movie based on the beloved children's educational franchise featuring iconic characters like Elmo, Grover, Cookie Monster, and Abby Cadabby.
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Key quotes
· 3 pulledNetflix has cookies to nom, nom, nom on.
Coming on top of a two-company bidding war, the streaming giant has landed the feature film rights to
Rideback, the production company behind the billion-dollar live-action 'Lilo & Stitch' and 'Aladdin' movies, brought it to the studio and will produce.
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