Netflix canceled animation project ‘Pearl’announced last year and led by the Duchess of Sussex, Meghan Markleas a precaution to reduce costs due to the loss of subscribers the platform has suffered.
According to the special portal Deadline, Pearl” first victims of the new savings policy Company Los Gatos (California).
The project was announced in July of last year and is produced by Archewell Productions, the production company of the Duke and Duchess of Sussex. The animated series would focus on the heroic adventures of a 12-year-old girl inspired by influential women history
She would act like Markle producer Along with David Furnish, who has previously been involved in projects like ‘Rocketman’ or ‘Gnomeo and Juliet’.
“Like many girls her age, our heroine Pearl is a self discovery journey trying to cope with life’s daily challenges”, on that occasion he told Prince Harry’s wife about his animation project. Archewell Productions was created by the Duke and Duchess of Sussex to produce a film. programming that informs, elevates and inspiresannounced its supporters.
On April 19, Netflix released its quarterly results. Loss of 200,000 subscribers between January and March this year and the stock market value has dropped. Currently, Netflix has 221.64 million subscribers on the streaming service worldwide, but its ability to attract new customers is dwindling as competition increases, as it recorded its lowest growth in three years in 2021. Thus, it lowered its expectations for the next quarter and predicts a loss of over 2 million subscribers.
To adapt to this new reality, many analysts expect: Netflix suspends serials from serial production As I have done so far, and I have become much more aware of each expense. ‘Pearl’ will be one of the first victims of this change in business strategy.
Source: Informacion
