Accounting FirmsLatest News

RSM advises on Roald Dahl Netflix sale

The firm supported RDSC and managing director Luke Kelly, providing strategic advice and leading key negotiations around transaction mechanics

RSM UK has advised Roald Dahl Story Company (RDSC) on its landmark sale to Netflix.

It revealed the deal joins Netflix and RDSC to bring some of the most “well-known” and “beloved stories” to new and existing fans around the world, and presents an “exciting” future for the Roald Dahl brand, globally.

The transaction will build on the existing partnership with RDSC in delivering more premium content to its 200-plus million subscribers.

According to RSM, the firm’s mergers and acquisitions, and private equity team supported RDSC and managing director Luke Kelly, providing strategic advice and leading key negotiations around transaction mechanics.

RSM said RDSC owns the intellectual property to all the works and having previously agreed a fixed term rights deal with Netflix in 2018, the acquisition marks a natural next step for both businesses.

Gideon Simeloff, commercial and entertainment director at RDSC, said: “RSM UK provided invaluable support and advice throughout, going far beyond to help in ways both tangible and intangible across the transaction.”

Helen Brocklebank, corporate finance partner at RSM UK, added: “This landmark deal delivers exceptional value for the shareholders of RDSC, and for Netflix secures one of its most significant content purchases to date and its largest corporate acquisition by far.”

Show More
Back to top button