By Lucas Shaw, Bloomberg
Walt Disney Co. has secured the exclusive streaming rights to the children’s TV series CoComelon, according to people familiar with the matter, taking one of the most popular kids’ programs in the world away from Netflix Inc.
Starting in 2027, Disney+ will have every season of CoComelon, a compilation of nursery rhymes for toddlers, according to the people, who asked not to be identified discussing a deal that hasn’t been announced. The Burbank, California-based movie, TV and theme-park company will pay tens of millions of dollars annually for the rights, one of the people said.
CoComelon has been one of the most-popular kids’ programs in the world for almost a decade. Its flagship YouTube channel has 193 million subscribers and averages more than 2 billion view