Netflix Inc.'s (Nasdaq: NFLX) first company acquisition may have a lasting effect on the media landscape for years to come. The digital streaming network's purchase of Millarworld, brings Mark and Lucy Millar into the fold with their comic book publishing company. Financial terms of the deal were not disclosed.

Millarworld brings a portfolio of character franchises to Netflix that could be developed into the film format, a television series, and even kid-friendly content. The introduction of new character franchises could have a huge impact on the audiences that the DC and Marvel universes draw.

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