(CNN) The 12 Thai boys and their soccer coach, whose rescue from a waterlogged cave after an 18 day ordeal captured the world's attention, could be about to sign a deal with Netflix.

The streaming giant said it was partnering with the production company behind hit film Crazy Rich Asians -- SK Global Entertainment -- and 13 Tham Luang Company Ltd to tell the boys' "harrowing and heroic story," according to a statement released to CNN by Netflix, South East Asia.

The Thai government's Creative Media Committee has been scrutinizing bids on behalf of the boys and their coach. 13 Tham Luang Company Ltd was set up on February 11 to "negotiate rights" and manage the rescued football team's future media opportunities.

A contract has not yet been signed but both sides have agreed to the terms, according to the statement. If a deal goes through, SK Global Entertainment will have the life rights "to use the stories of the victims to produce creative media on Tham Luang incident."

A daring rescue

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