Streaming’s reigning king announced one of its biggest title acquisitions to date this week with its purchase of the rights to Roald Dahl’s catalog of work. The deal, following regulatory approval, will give Netflix access to a universe of beloved children’s stories to mine and position the company to better compete with kid-friendly competitors like Disney Plus.

The acquisition of the trove of intellectual property follows a previous partnership between Netflix and the Roald Dahl Story Company announced in 2018 to adapt some of the late author’s iconic titles. With access to the full library of Dahl stories — which include children’s classics like Charlie and the Chocolate Factory, James and the Giant Peach, The BFG, and Matilda, among...

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