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Millarworld has developed three of its franchises - "Wanted," "Kick-Ass" and "Kingsman" - into films that have garnered nearly $1 billion in the global box office.
The company did not disclose the terms of the acquisition.
Millar previously spent eight years at Marvel, where he developed comic books and story lines that resulted in movies such as "Logan," "Captain America: Civil War" and Disney's first "Avengers" film.
"Mark is as close as you can get to a modern-day Stan Lee," Netflix Chief Content Officer Ted Sarandos said in a statement, referring to the 94-year-old creator of comic book franchises and box-office behemoths such as "Spider-Man," "Avengers" and "X-Men."
(Reporting by Narottam Medhora in Bengaluru; Editing by Sai Sachin Ravikumar)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)