Netflix — in the first company acquisition in its history — has bought Millarworld, the comic-book publishing firm founded by Mark Millar, creator of characters and stories including Kick-Ass, Kingsman, and Old Man Logan.

Terms of the transaction weren’t disclosed. Netflix said it will develop films, TV shows and kids’ series based on Millarworld’s portfolio of character franchises to life through films, series and kids’ shows. Millarworld will also continue to create and publish new stories and character franchises under the Netflix label.

For Netflix, the move reflects its desire to own and develop intellectual property, rather than simply license it. Netflix chief content officer Ted Sarandos, in announcing the deal, said: “As creator and re-inventor of some of the most memorable stories and characters in recent history, ranging from Marvel’s The Avengers to Millarworld’s Kick-Ass, Kingsman, Wanted and Reborn franchises, Mark is as close as you can get to a modern-day Stan Lee.”

Added Millar: “This is only the third time in history a major comic book company has been purchased at this level,” after Warner Bros. bought DC Comics in 1968 and Disney bought Marvel in 2009.

“I’m so in love with what Netflix is doing and excited by their plans,” Millar said. “Netflix is the future, and Millarworld couldn’t have a better home.”

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SOURCE: Variety, Todd Spangler

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