SVOD giants look to literary classics | Media Analysis | Business
By continuing to use this site you consent to the use of cookies on your device as described in our privacy policy unless you have disabled them. You can change your cookie settings at any time but parts of our site will not function correctly without them. [Close]
Original fiction may have cemented the success of the leading subscription video-on-demand services, but research has found that a third of upcoming TV series are based on existing content, with over 250 of the titles based on literature.

ampere lit 15March2019The Ampere Analysis study found that the SVOD giants are actively snapping up intellectual property rights from the likes of Dahl to CS Lewis, Dr Seuss to Tolkien and Gabriel García Márquez. Most literature adaptations are based on crime and thriller, with murder and mystery featuring heavily.

The research noted that a key feature in the upcoming slates of streaming giants Netflix and Amazon, sci-fi and fantasy titles represent the second highest number of titles. Most sci-fi series are being adapted from graphic novels or young adult fiction. This said Ampere was a case of the players trying to capitalise on the success of Netflix series such as Chilling Adventures of Sabrina and Dark Horse comic inspired The Umbrella Academy.

Unsurprisingly, Amazon and Netflix in particular investing considerable sums in such content. Even though Netflix have recently acquired Gabriel García Márquez’s One Hundred Years of Solitude, Amazon leads the way with the purchase of Lord of the Rings for what Ampere called ‘an astronomical sum’, and a range of other expensive fantasy titles from famous authors such as Robert Jordan and Larry Niven.

“Literature being adapted for film is nothing new. However, with Netflix’s recent purchase of Gabriel García Márquez’s One Hundred Years of Solitude, and soaring television budgets, we can see an increase in high-profile, high-price-tag, IP purchases intended for small screen,” commented Ampere Analysis analyst Olivia Deane.

“Given the historic success of the genre, graphic novel adaptations remain popular, especially as sci-fi & fantasy titles continue to feature heavily in the upcoming slates of streaming companies such as Netflix and Amazon. However, more traditional action comics are being overlooked in favour of fresh, teen-targeted content like The Umbrella Academy.”