The Global Media Business Weekly

Netflix buys StoryBots

Sound + Vision. Netflix has acquired StoryBots for an undisclosed sum. StoryBots is a children’s media brand created by brothers Gregg and Evan Spiridelli in 2016, known for the series Ask The Storybots (in which five characters answer common children’s questions) which was first shown on Netflix. The acquisition is only the third made by Netflix, this coming as the company gears up to compete with Disney’s new streaming services later this year.  Terms of the transaction were not disclosed. “Together with Netflix, our goal is to make StoryBots the leading educational entertainment brand for connected kids and families globally. We see this as a once-in-a-lifetime opportunity to bring something epically good into the world,” said Evan and Gregg Spiridellis.

Netflix