Netflix to create a slate of Roald Dahl's shows

Netflix is ​​developing a series of animation programs based on the works of Roald Dahl, thereby developing the aggressive push of the streaming giant in children's programming.

The shows will be based on books such as Charlie and the Chocolate Factory, Matilda, The BFG and The Twits, Netflix announced on Tuesday. Production of the first series is expected to begin next year.

Dahl, who died in 1990, is a constant source of fodder for Hollywood over the last three decades. A film version of The BFG was produced by Steven Spielberg for Walt Disney Co. in 2016. Charlie and The Chocolate Factory generated more than $ 200 million in box office revenue for Warner Bros. in 2005. The director Wes Anderson is also inspired by the work of the author to create Fantastic Mr. Fox in 2009.

Netflix, the world's largest pay video streaming service, bets that an impressive amount of content can keep its customers secure and fend off competition. The company based in Los Gatos, California, released 676 hours of original programming in the third quarter, according to a record, which allowed Netflix to gain more than 7 million customers over the period.

But Netflix investors are increasingly worried about the amount the company spends on programs, especially as it sells high-yield bonds to fund its operations. Since its peak in July, the stock has lost more than a third of its value, partly penalized by the widespread decline in technology stocks.

Dahl's material, which contains bizarre and often threatening characters, has also not been a source of success for Hollywood. Despite Spielberg's involvement, "The BFG" was considered a flop two years ago.

The terms of the Dahl agreement of Netflix have not been disclosed.