Netflix & Nickelodeon
Netflix has signed a huge deal with Nickelodeon.
The New York Times are reporting that the streaming platform and the popular TV channel have agreed on a multi-year deal worth $200 million.
The agreement will see Nickelodeon create lots of new content for the service.
This will include original animated series and movies.
However, we're not sure what this means for older shows.
Many of Nick's fan favourites are currently appearing on other platforms.
Drake and Josh airs on Hulu, while SpongeBob Squarepants and Dora the Explorer are attached to Amazon Prime Video.
Spongebob Squarepants spin off
But one thing we do know is that a SpongeBob Squarepants is in the works!
According to the NYT, the show will be a 'music-based project', that follows 'Squidward’s new venture.'
In other great Spongebob news, Paramount Pictures are separately working on a movie!
