Netflix drops Meghan Markle’s ‘Pearl’ animated series | Investment News

(Reuters) – Netflix Inc said on Sunday it had decided to abandon work on Meghan Markle’s animated family series “Pearl” as the streaming platform made changes to its animated content.

Netflix has 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, officially known as the Duke and Duchess of Sussex, announced last year that Meghan would serve as executive producer of “Pearl.” The series was to center on the adventures of a 12-year-old girl, inspired by various influential women in history.

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

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

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

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

Netflix did not respond to the question of whether it would cut more anime shows.

(Reporting by Maria Ponnezhath in Bengaluru; Editing by Diane Craft)

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