Matilda, Willy Wonka join Netflix as it buys Roald Dahl's works

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Netflix has bought the works of Roald Dahl, including classics such as 'Charlie and the Chocolate Factory' and 'Matilda.'

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The company did not disclose the financial terms of the deal, which will give it full access to Dahl's works as well as animated and live action films.

The deal expands Netflix's existing licensing agreement with The Roald Dahl Story Co to create animated series based on the author's books.Struck in 2018, the agreement was reported to be among the biggest ever for kids programming at that time, worth between $500 million to $1 billion, according the Hollywood Reporter.

As part of that deal, Academy Award winning director Taika Waititi is already creating on a series based on"Charlie and the Chocolate Factory". Netflix is also working on an adaptation of"Matilda The Musical". The British author, who died in 1990 aged 74, remains popular with young readers around the world and several of his books have been turned into movies and stage shows.

His books have been translated into 63 languages and sold more than 300 million copies worldwide, inhabited by popular characters such as Matilda, The BFG, Fantastic Mr. Fox, Willy Wonka and The Twits.

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