SpongeBob Squarepants spinoff may head to Netflix in new massive deal with Nickelodeon

A new SpongeBob Squarepants spinoff described as a “music-based project” centered around Spongebob’s iconic neighborhood octopus Squidward is heading to Netflix, according to The New York Times.
The show is reportedly part of a new multi-year deal between Nickelodeon and Netflix that was confirmed earlier today, one estimated at a reported $200 million. The deal will see Nickelodeon produce a slate of original animated films and series based on both existing and new characters, with the Times reporting that Squidward’s new venture is one of the shows Netflix will receive as part of the nine-figure deal. A representative for Nickelodeon declined to confirm Squidward’s participation to The Verge, however. A separate SpongeBob Squarepants m…

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