Netflix and DreamWorks on Monday announced a multi-year deal making the Internet TV network the premiere home of new original series from the creators of box-office hits including the Shrek, Madagascar, Kung Fu Panda and How to Train Your Dragon franchises. This agreement is also the first time DreamWorks Animation's beloved characters will be introduced into the television market as a branded collection of shows.

The new shows will be inspired by characters from DreamWorks Animation's hit franchises and upcoming feature films as well as the Classic Media library, which DreamWorks acquired in 2012 and includes popular animated characters.

With the first series expected to begin airing in 2014, Netflix will premiere these new DreamWorks Animation shows in all the territories in which it operates.

In February, Netflix and DreamWorks announced their first ever Netflix Original Series for kids based on the film Turbo, premiering on July 17. Turbo F.A.S.T, an episodic animated series which picks up with the speedy snail where the feature film left off, will be available in all Netflix territories beginning in December.

Also coming exclusively to Netflix in the U.S. and Latin America next year will be new DreamWorks Animation feature films, beginning with the global hit The Croods, followed by Turbo and the big screen adaption of Mr. Peabody and Sherman, which opens in theaters in March of 2014.