The young adult series will see the characters from the popular animated series brought to life.
The agreement will see the toy company produce a range of toys under its popular Playskool brand, kicking off with collectable figures, plush, playsets and vehicles.
The Hello Kitty creator is bringing its hardcore mascot, Aggretsuko to the streaming service in April.
Operating under the BBC Studios name, the move is the broadcaster’s latest bid to generate more revenue from shows such as Top Gear, Strictly Come Dancing and Doctor Who as it continues to fight competition from the likes of Amazon and Netflix.
It's the latest Netflix original to hit the big time with an extended consumer products roll-out, but what exactly is Lisle Licensing's angle?
Inspired by the US and Colombian efforts to battle the Medellin and Cali cartels during the 1980s and 1990s, Narcos depicts the blurred lines of good and bad during the cocaine-fueled drug wars of the time.
The latest series will make its debut on Netflix in 2019.
The appointment comes a month after Disney's plans to pull content from the streaming platform.
The acquisition of the Scottish comic book business could just transform into a multibillion-dollar film franchise.
The company has announced two separate services, one for sports, the other for movies and television shows.
Developed by Hasbro Studios, Stretch Armstrong and the Flex Fighters is the first property from the global toymaker to receive a Netflix original series.
According to the BBC, the US company has said that the better than expected number was a sign that investment in new shows and movies was paying off.
The move arrives as part of the broadcaster’s ongoing fight against the influence of shows backed by US rivals such as Netflix and Amazon.
Each pillow boasts original artwork from the series, which follows on from the 2002 Oscar-nominated film Spirit: Stallion of the Cimarron.
A select library of JTBC's scripted and unscripted content will now be available to Netflix users, including signature titles such as the cooking show Chef & My Fridge and Abnormal Summit.
The firm is scouting for a licensing executive to oversee developing programmes around some of its biggest shows, including sci-fi hit Stranger Things.
Publisher Activision Blizzard also announced voice talent for Season 2 including Felicia Day, James Hetfield and Susan Sarandon
The Seasame Workshop/CBeebies co-production will begin streaming on Netlfix in multiple territories
Hot Topic and BoxLunch have partnered with Netflix to announce the first-ever line of officially licensed Stranger Things merchandise.