Another failure of Harry and Meghan in Hollywood: Netflix terminated the contract with Markle
Netflix has canceled development on Meghan, Duchess of Sussex's animated series The Pearl, noting it was a cost-cutting move after the company reported a disappointing first quarter, reports CNBC.
Photo: Shutterstock
The cancellation is part of the strategic decisions Netflix is making with animated series. The Pearl, which was announced last year, is among several projects that have been abandoned.
The Duchess of Sussex was set to executive produce The Pearl, an animated series based on the adventures of a 12-year-old girl who was inspired by the stories of life and becoming strong women from around the planet. MainStyles. It is worth noting that this is not the only joint project of the Sussexes with Netflix, because recently it became known about the release of a documentary film dedicated to the Invictus Games called Heart of Invictus.
Streamer said he would continue to work with The Duke and Duchess of Sussex's Archewell Productions on a number of projects. In 2020, the production company signed a multi-year contract with Netflix to produce documentaries, docu-series, feature films, shows and children's programs.
On the subject: US First Lady travels to Ukraine border as Joe Biden's visit to Kyiv called 'a matter of time'
Netflix is facing pressure as more competitors enter the market and compete for users' time. At the same time, the company spent billions on content.
In the last quarter, the company reported the first drop in the number of paid users by more than a quarter and warned of upcoming problems. Netflix CFO Spencer Neumann said the company is "cutting" some of its spending on movies and TV shows to help boost revenue.
The cancellation of The Pearl comes after Netflix reportedly laid off an unnamed number of staff at its entertainment site.
You may be interested in: top New York news, stories of our immigrants, and helpful tips about life in the Big Apple - read it all on ForumDaily New York.
As ForumDaily wrote earlier:
- Prince Harry and Megan Markle considering moving to the East Coast. The royal couple are looking for a home in the New York area after failing to fit into California Hollywood circles.
Read also on ForumDaily:
An American first became infected with a new type of bird flu: does it threaten an epidemic
Subscribe to ForumDaily on Google NewsDo you want more important and interesting news about life in the USA and immigration to America? — support us donate! Also subscribe to our page Facebook. Select the “Priority in display” option and read us first. Also, don't forget to subscribe to our РєР ° РЅР ° Р »РІ Telegram and Instagram- there is a lot of interesting things there. And join thousands of readers ForumDaily New York — there you will find a lot of interesting and positive information about life in the metropolis.
-
Personal experience: who and why you should not move to the USA5614
-
50 diseases whose presence will increase the cost of health insurance in the USA4329
-
Great opportunities with ChatGPT: 12 easy ways to make money using artificial intelligence1324
-
What should not be on your resume if you want to find a job in the USA763
-
Four unforgivable mistakes immigrants make to the United States552
-
Dependence on cars and one supermarket per city: why ours is unusual in one-story America403
-
Ten secret restaurants in the USA: what is their highlight and how to find them254
-
Personal experience: who and why you should not move to the USA5614
-
Where in the USA to buy the medicines we are used to: a list of pharmacies5330
-
How to hit the jackpot: tips from a man who won the lottery 7 times4898
-
50 diseases whose presence will increase the cost of health insurance in the USA4329
-
Street, avenue, boulevard or drive: how to understand the classification of US streets and roads1461
-
Personal experience: what not to do in America1402
-
Great opportunities with ChatGPT: 12 easy ways to make money using artificial intelligence1324