(New York) Netflix, which lost subscribers for the first time in more than a decade, on Monday canceled an animated series produced by Meghan Markle, the American wife of British Prince Harry, the couple who live in California having an agreement with the streaming giant to produce content.
Publish May 2
Netflix confirms in an email that it will discontinue the series project pearl announced last July, citing “strategic decisions” regarding other anime series as well.
Meghan and Harry, who left the UK in 2020, set up a production company in California and entered into a content creation agreement for Netflix.
the series pearl was to tell the story of a 12-year-old teenager encouraged in her personal development by famous women.
Netflix assured in its press release that it would continue to work with the couple and its production company Archewell.
At the end of the first time in more than ten years, Netflix is in the midst of stagnation after a decade of unbridled growth.
It is enough on April 20 for Netflix to drop in the first quarter by only 200,000 net subscribers, i.e. less than 0.1% of the total, for Wall Street to panic, with a share amputated by more than a third of its value in a single session. The platform anticipates a net drop of two million subscribers in the second quarter.