by Christopher Freeburn | February 12, 2013 12:36 pm
Netflix (NASDAQ:NFLX) will partner with DreamWorks Animation (NASDAQ:DWA) to create an animated series for children.
The series will be based on an upcoming DreamWorks film, Turbo, and adds to the video-streaming company’s lineup to original programming. The new series, dubbed, Turbo F.A.S.T. will be available to Netflix subscribers in December, and is Netflix’s first effort to develop content specifically aimed at children, USA TODAY notes.
Company officials noted that the animated series will boost Netflix’s family-friendly programming.
Netflix is moving to develop a variety of new TV shows, following the debut of Lilyhammer, its first original series, last year. It recently released House of Cards, a remake of a British series starring Kevin Spacey. Upcoming series include a reboot Arrested Development, which formerly aired on News Corp. (NASDAQ:NWSA) Fox Network, and Hemlock Grove, a horror series from Eli Roth.
Shares of DreamWorks Animation rose about 2% in Tuesday midday trading, while Netflix shares slipped fractionally.
Source URL: https://investorplace.com/2013/02/netflix-and-dreamworks-to-create-original-kids-show/
Short URL: http://invstplc.com/1foAUC9
Copyright ©2017 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.