Netflix acquires Nickelodeon deal to compete with Disney+

As the war for streams starts to become more crowded, Netflix decides to change the game with a production deal, valued at 200$ Million dollars, with Nickelodeon. According to the New York Times, Netflix announced its partnership with Nickelodeon a day after the release of Disney+; a very strategic move to stir conversation and try to shift focus. Children’s media has always been a huge market for media companies, and now that Disney has their own streaming service, the ante is raised to a new level.

Disney owns the rights to the content that millions of children, young and old, grew up loving and watching. Many consider Disneyworld to be the place where dreams come true and often referred to in moments of celebration. How can a streaming service compete with that? Netflix responded with a network that is just as important in the lives of young children; Nickelodeon. Its genius because they can now produce shows with characters like Spongebob Squarepants, Danny Phantom, Teenage Mutant Ninja Turtles, Jimmy Neutron and Timmy Turner, etc. which is huge for many people because these some of these shows still air today and there is still the sentimental aspect of these shows that lives within multiple generations. Since these shows aired in the late ’90s to early 2000s, the ages that can connect to these shows will vary between children, teens, and young adults. According to the article, Brian Robbins, Nickelodeon’s president said, “Nickelodeon’s next step forward is to keep expanding beyond linear platforms, and our broader content partnership with Netflix is a key path toward that goal”.

It’s interesting that Viacom, the company that owns Nickelodeon, decided not to create their own streaming service. They certainly have enough shows given that they also own MTV and BET. However, this is a good choice because it allows Nickelodeon to test the waters, so to speak and Netflix is already an established streaming service, which is less work for them as opposed to starting a new streaming platform in the midst of a bunch of other streaming services releasing. Netflix will continue to create and produce original animated feature films and television series based on Nickelodeon’s mass library of characters, with the opportunity to create new characters. I am excited to see the adventures that Spongebob and Timmy Turner will go on now that they have a new company writing their stories.

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