Netflix just bought its first company - Bring Me The News

Netflix just bought its first company

Netflix compared Mark Millar to a modern day Stan Lee.

Netflix is getting into the comic book business. 

The company announced Monday it has bought Millarworld, Mark Millar's comic book company that includes titles like Kick-Ass, Kingsman, Huck, and more. 

Netflix plans to turn these franchises into movies, TV series and kids' shows, which will only be available on Netflix, a news release says. Plus, Millarworld will still create and publish new stories and character franchises under the Netflix label.

"To say this is the best thing that ever happened in our professional lives would be an understatement," Millar said in a statement, noting this is just the third time in history a comic book company of this size has been purchased.

Since starting Millarworld 15 years ago, three of his 18 character worlds have been turned into movies, including: Wanted, Kick-Ass and Kingsman, which all took in nearly $1 billion at the box office. (The deal, according to Millar's statement, doesn't include Kingsman and Kick-Ass, which have other deals so aren't part of Netflix's acquisition.) 

Before Millarworld, Millar worked at Marvel, where he helped develop the comic books and stories that inspired some other popular films. Among them: the first Avengers movie, Captain America: Civil War, and Logan. 

In a statement, Ted Sarandos, the chief content officer at Netflix, compared Millar to a "modern day Stan Lee," and said they "can't wait to harness the creative power of Millarworld to Netflix and start a new era in global storytelling." 

This is the first-ever acquisition by Netflix, with the company saying it's a "natural progression" in its efforts to work with creators and acquire intellectual property and ownership of stories.

Netflix has seen some success with shows that tie into the Marvel comics, like Jessice Jones, Daredevil and Luke Cage, TechCrunch points out, but now has apparently decided it wants to own the comics side, too. 

Terms of this acquisition weren't disclosed. 

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