

Netflix has acquired the U.S. rights to "Penelope," a young-adult series created by Mark Duplass and Mel Eslyn, following its debut at the 2024 Sundance Film Festival. The series, independently financed and produced, explores new territory in TV production and distribution, emphasizing a novel approach to maintaining control over its future.
The acquisition comes after Duplass Brothers Productions' previous collaborations with Netflix, including a four-picture deal. The deal with Netflix allows the creators to retain significant rights and control, potentially adjusting the show's direction based on its success on the platform, highlighting a flexible and innovative distribution strategy.