Overview
- Reports on June 20–21, 2026 say Netflix secured the feature‑film rights after a multi‑company bidding contest, bringing the movie under the same roof as the series it began streaming in May 2025.
- Rideback, the production company behind recent live‑action franchise adaptations, will produce the new film while Sesame Workshop will participate as a producer.
- Netflix is reported to be clearing prior development and talent attachments from earlier versions of the project, which removes past names such as Anne Hathaway, Bo Burnham and Jonathan Krisel from the current slate.
- Filmmakers Daniel Kwan and Daniel Scheinert (the Daniels) have been mentioned in coverage as a possible creative option, but those discussions are unconfirmed and no director, writer or cast is officially attached.
- The move resets a project first announced in 2012 that changed studios and teams over many years, and it gives Netflix the option to decide whether the film will be made for theaters, streaming, or both as it hires new writers and directors.