(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.
Posted at 3:03 p.m.
Netflix confirmed in an email that it was halting 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 struck a deal to create content for Netflix.
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.
Losing subscribers for the first time in more than a decade, Netflix is threatened with stagnation after a decade of runaway growth.
It was enough on April 20 for Netflix to decline in the first quarter by only 200,000 net subscribers, or 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.