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Netflix cancels Meghan Markle animated series 'Pearl'

Netflix cancels Meghan Markle animated series 'Pearl'

26 Sept 08:30 Key points summarised by AI
  • Netflix canceled Meghan Markle's animated series "Pearl" as part of cost-saving measures following disappointing first-quarter subscriber results.
  • The cancellation is a strategic decision regarding animated content, with Netflix also scrapping other children's series like "Dino Daycare" and "Boons and Curses."
  • Despite the cancellation, Meghan and Prince Harry's Archewell Productions remains a valued partner, continuing work on other projects, including the "Heart of Invictus" documentary series.
  • This move follows Netflix reporting its first subscriber drop in a decade, which significantly impacted its share price and prompted a re-evaluation of content investments.
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