Stock Market News

Netflix drops Meghan Markle’s animated series ‘Pearl’

2022.05.02 03:57

Netflix drops Meghan Markle's animated series 'Pearl'
Meghan Markle appears onstage at the 2021 Global Citizen Live concert at Central Park in New York, U.S., September 25, 2021. REUTERS/Caitlin Ochs

By Maria Ponnezhath

(Reuters) – Netflix Inc (NASDAQ:NFLX) said on Sunday it has decided to drop works on Meghan Markle’s animated family series “Pearl” as the streaming platform hew its animated content.

Netflix decided to stop developing several projects, including Meghan’s series as part of its strategic decisions on creating animated series, the company said in a statement, without providing further details on its decisions.

Archewell Productions, the company formed by Meghan and her husband Prince Harry, formally known as the Duke and Duchess of Sussex, had announced last year that Meghan would be an executive producer of “Pearl”. The series was planned to be centered on the adventures of a 12-year-old girl, who is inspired by a variety of influential women from history.

Archewell Productions did not immediately respond to a request for comment.

Netflix also decided not to move forward with two animated kids’ series “Dino Daycare” and “Boons and Curses.”

The decision to cancel these shows came after Netflix reported a loss of 200,000 subscribers in the first quarter, falling well short of its forecast of adding 2.5 million subscribers.

However, Netflix confirmed that the company would continue to work on a number of projects with Archewell Productions, including previously announced documentary series “Heart of Invictus”. The series will focus on athletes competing in the Invictus Games for injured veterans in The Hague in 2022.

Netflix did not respond to a query on whether it will cut down more animated shows.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 103,562.75 1.24%
ethereum
Ethereum (ETH) $ 2,605.77 3.61%
tether
Tether (USDT) $ 1.00 0.03%
xrp
XRP (XRP) $ 2.56 0.95%
bnb
BNB (BNB) $ 653.40 2.18%
solana
Solana (SOL) $ 177.09 2.74%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.234168 2.83%
cardano
Cardano (ADA) $ 0.801599 3.83%
tron
TRON (TRX) $ 0.27651 1.49%
staked-ether
Lido Staked Ether (STETH) $ 2,606.72 3.69%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 103,655.77 0.68%
sui
Sui (SUI) $ 3.92 3.63%
chainlink
Chainlink (LINK) $ 17.05 3.06%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,128.50 3.11%
avalanche-2
Avalanche (AVAX) $ 25.26 2.48%
stellar
Stellar (XLM) $ 0.305038 3.42%
shiba-inu
Shiba Inu (SHIB) $ 0.000016 4.10%
hedera-hashgraph
Hedera (HBAR) $ 0.207067 4.47%
hyperliquid
Hyperliquid (HYPE) $ 25.12 4.19%
the-open-network
Toncoin (TON) $ 3.27 4.04%
leo-token
LEO Token (LEO) $ 8.80 1.07%
bitcoin-cash
Bitcoin Cash (BCH) $ 403.93 2.53%
polkadot
Polkadot (DOT) $ 5.02 3.70%
litecoin
Litecoin (LTC) $ 100.37 3.50%
weth
WETH (WETH) $ 2,613.46 3.27%
usds
USDS (USDS) $ 1.00 0.02%
monero
Monero (XMR) $ 342.86 0.48%
wrapped-eeth
Wrapped eETH (WEETH) $ 2,788.39 3.00%
pi-network
Pi Network (PI) $ 0.857754 27.69%
pepe
Pepe (PEPE) $ 0.000014 6.51%
bitget-token
Bitget Token (BGB) $ 4.73 1.91%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.60%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.07%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 103,648.77 1.23%
whitebit
WhiteBIT Coin (WBT) $ 30.35 0.32%
bittensor
Bittensor (TAO) $ 453.11 3.07%
uniswap
Uniswap (UNI) $ 6.61 9.09%
near
NEAR Protocol (NEAR) $ 3.06 6.23%
aptos
Aptos (APT) $ 5.78 6.93%
dai
Dai (DAI) $ 1.00 0.00%
aave
Aave (AAVE) $ 229.10 2.78%
ondo-finance
Ondo (ONDO) $ 1.03 2.98%
okb
OKB (OKB) $ 53.97 0.26%
kaspa
Kaspa (KAS) $ 0.121668 3.37%
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 212.90 2.52%
internet-computer
Internet Computer (ICP) $ 5.67 4.63%
ethereum-classic
Ethereum Classic (ETC) $ 19.89 3.86%
crypto-com-chain
Cronos (CRO) $ 0.10289 0.13%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%