Netflix is keeping Sesame Street on it’s platform after winning the film rights to the popular children’s program.
The streamer won the rights after a two-company bidding war, according to THR, with Rideback producing the movie.
Rideback has already been working with Sesame Workshop on an animated project and had their stamp of approval for the movie rights going to Netflix.
The bidding war has been a year-long process, and reportedly started with three companies looking to gain the film rights – Universal, Warner Bros and Netflix.
Warner Bros previously held film rights, but a movie never came to fruition, and they bowed out of the bidding early on. Universal’s bid also had Everything Everywhere All at Once helmers The Daniels attached as producers.
If you recall, Netflix actually saved the Sesame Street television show last year, after Warner Bros Discovery decided not to renew it’s deal. The first season debuted on the streaming service in November 2025, and the second season premiered back in March.
Rideback’s Jonathan Eirich and Michael Lofaso are set to produce the Sesame Street movie.
The production company has a history with producing content for Netflix, including the live-action Avatar: The Last Airbender series, as well as movies like Death Note and The Two Popes.
They have also produced the live-action Lilo & Stitch movie, as well as The Lego Movies, live-action Aladdin, It, Sherlock Holmes with Robert Downey Jr, Gangster Squad, Haunted Mansion, and TV shows like Walker and Walker: Independence, Lethal Weapon and Frequency.
Posted To:Movies Netflix Sesame Street