INSUBCONTINENT EXCLUSIVE:
In what seems like an effort to combat the threat of Disney Plus, Netflix has entered into a multi-year deal with the kids entertainment
of Netflix and Nickelodeon's existing partnership, which has so far produced such animated TV specials as Rocko's Modern Life: Static Cling
(pictured) and Invader Zim: Enter the Florpus
announcement, the expanded deal will bring content based on new and existing Nickelodeon IP
Citing anonymous sources, New York Times has reported that one of these projects will be a "music-based" SpongeBob Squarepants spin-off
focusing on the character of Squidward.The deal, which NYT's sources estimate is worth $200 million, seems like a clear response to this
week's arrival of the family-friendly Disney Plus streaming service, which has already amassed 10 million subscribers after just 24 hours.Of
has 158.3 million paying subscribers as of October 2019.
