Netflix has bought The Roald Dahl Story Company and acquired the rights to the children's book author's stories.

It is the next step in the collaboration that was started three years ago,

The Hollywood Reporter

reports on

Wednesday.

How much Netflix paid for the company that owns Dahl's entire catalog, which includes books like

Matilda

,

The BFG,

and

Charlie and the Chocolate Factory

, has not been disclosed.

The acquisition is one of the largest purchases in Netflix history.

Netflix has announced that it is working with animated and live action films and series.

There are also plans for games and theater plays, among other things.

The streaming platform already signed a contract with The Roald Dahl Story Company in 2018 for the rights to make 16 stories into animated series.

Directors Taika Waititi and Phil Johnston are currently working on a series based on the world of

Charlie and the Chocolate

Factory

.

A new version of

Matilda the Musical is also being

made.

Dahl's children's books have sold more than 300 million copies and have been translated into 63 languages.

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