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Rideback, the production company behind the billion-dollar live-action "Lilo & Stitch" and "Aladdin" movies, brought it to the studio and will produce.
Netflix won Sesame Street film rights over Universal and Warner Bros; Rideback (Lilo & Stitch/Aladdin producer) to produce. Control of full IP ecosystem—TV plus theatrical—reinforces Netflix's subscriber lock-in strategy and competitive moat in streaming wars.
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