Netflix and Nickelodeon Form New Partnership for Series and Features

Netflix and Nickelodeon are expanding their partnership in the production of kids and family content.

The timing of the announcement, one day after the launch of Disney's Disney+ streaming service, suggests that both companies are concerned about their ability to retain younger viewers; Netflix has previously reported that more than 60% of its 158 million paying members regularly watch family content on its reported that they regularly watch family content on the platform.

Details of the partnership are minimal at this time, but here is what we do know about the deal: [5