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Nov. 22, 2021, 5:51 p.m. EST

Netflix buys Scanline, the special-effects company behind ‘Stranger Things’

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Joe Flint

Netflix Inc. said it is acquiring the special-effects company Scanline VFX, a Canada-based firm that has worked on several shows for the streamer, including “Stranger Things” and “Blood Red Sky.”

In a blog post announcing the purchase, Amy Reinhard, Netflix’s vice president of studio operations, said the company would invest in Scanline’s infrastructure and workforce — particularly in virtual production — to “push the boundaries of what is visibly possible.”

Terms of the deal weren’t released. Netflix /zigman2/quotes/202353025/composite NFLX -21.79% said it expects the sale to close in the first quarter of 2022.

Other Netflix shows Scanline has worked on include the new program “Cowboy Bebop” and the coming movies “The Gray Man,” starring Ryan Gosling, and “Don’t Look Up,” starring Leonardo DiCaprio and Jennifer Lawrence.

Besides its work on Netflix shows, Scanline has also been involved in HBO’s “Game of Thrones” as well as theatrical movies including “Justice League.”

An expanded version of this report appears on WSJ.com.

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