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Nickelodeon and Netflix have partnered have agreed on a multi year deal that will produce both new and old characters from the Nickelodeon universe.
"Nickelodeon has generated scores of characters that kids love, and we look forward to telling wholly original stories that re-imagine and expand on the worlds they inhabit," says Netflix's Melissa Cobb.
This comes on the heels of the launch of Disney+ earlier in the week.
(Complex)