Home Entertainment Netflix cancels anime and cartoons due to loss of subscribers

Netflix cancels anime and cartoons due to loss of subscribers

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Netflix cancels anime and cartoons due to loss of subscribers

After the streaming service Netflix stopped work in Russia, the number of his subscribers began to decline for the first time in ten years. At the same time, the company’s shares fell – they are already worth 30% less than before the publication of information about losses for the first quarter.
To cope with the crisis, the service decided to take special measures. And How informs edition TheWraptheir first victim was the branch Netflix Animation. Phil Rinda, director of creative leadership and original animation development for Netflix, was fired this week along with several employees.

According to the creators of the animation projects, they moved to Netflix because of the promised creative freedom. Now the policy has changed and their projects are being shut down and cancelled.

In particular, the animated adaptation of Jeff Smith’s Bone comic book series, announced back in 2019, has been postponed several times, and has now been finally cancelled. The same fate befell the film adaptation of the book by Roald Dahl The Twits, although it may turn into a TV movie. Among those canceled turned out Toil and Trouble laureate of the awardEmmy» Lauren Faust.

Animators note that Netflix often resorts to data manipulation to justify the lack of funding or the cancellation of critically acclaimed projects, and does not bother to properly promote original cartoons. In particular, “boss baby”, although the animated series is not even owned by Netflix.

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