TechnoSports Media Group
  • Home
  • Technology
  • Smartphones
  • Deal
  • Sports
  • Reviews
  • Gaming
  • Entertainment
No Result
View All Result
  • Home
  • Technology
  • Smartphones
  • Deal
  • Sports
  • Reviews
  • Gaming
  • Entertainment
No Result
View All Result
TechnoSports Media Group
No Result
View All Result

Netflix’s Animation Unit Job facing layoffs as many projects shut down

Prakriti Adak by Prakriti Adak
October 14, 2023
in Entertainment, News
0
Netflix

Netflix

According to a report printed in Variety and confirmed by the streamer, an unknown number of people will be positioned off from Netflix Animation in the coming weeks.

The layoffs are part of a reorganization process resulting in less in-house animation. Netflix intends to get additional projects from third-party producers through output deals, a cost-effective alternative to producing its content. The banner has beforehand signed output deals with Sony Pictures Animation, Nickelodeon, Illumination, and Dreamworks Animation, among others. Now, it relies more heavily on such deals by slamming down its animation division.

RelatedPosts

Mohun Bagan SG vs East Bengal Highlights: Red and Golds Qualify for AIFF Super Cup Semifinals After Goalless Draw

Mohun Bagan SG vs East Bengal LIVE Score | AIFF Super Cup 2025-26 Kolkata Derby Updates

IND vs AUS 2nd T20I: Hazlewood’s Brilliance Powers Australia to Dominant Victory at MCG

The report in Variety also recognized two original vigorous films that have been put in turnaround. The first is Escape after Beverly Hills, which hadn’t been announced beforehand, and the second is Tunga, an African mythology film founded on the Bantu-speaking Shona people of Zimbabwe. The latter film will persist at Netflix, where it will be sent backbone to development.

Netflix’s Animation Unit Job Cuts Coming

Netflix's animation department is set to undergo restructuring, including layoffs and the closing of two films in pre-production.

Instead of producing more in-house, the streamer is now looking for movies from third parties. pic.twitter.com/wLsxSyWUe0

— ToonHive (@ToonHive) October 11, 2023

After a heady launch in which the streamer lavishly expanded its animation division, reality set in with many projects that didn’t meet the streamer’s private performance expectations. These disappointments led to multiple rounds of layoffs in 2022, counting 70 people in May 2022 and 30 in September 2022.

Netflix has shut down pre-production of two animated films: “Escape From Beverly Hills,” which will now go back on the open market, and “Tunga,” a film won by Netflix at auction in 2019 from Zimbabwe-born creator Godwin Jabangwe. https://t.co/lWKa2Z4Jgw

— Variety (@Variety) October 11, 2023

It is perhaps ironic that as Netflix’s animation separation endures to contract, it is also beginning to find its creative footing. Netflix won its primary Academy Award for eye animation earlier this year with Guillermo del Toro’s Pinocchio, and fresh animated films it has produced or backed, such as Nimona and The Monkey King, have stored substantial viewership numbers. The company has at least two more audience-friendly features set to release before the finish of this year: the Adam Sandler-headlined Leo besides Aardman’s Chicken Run: Dawn of the Nugget.

Read More: Jaane Jaan OTT Release Date 2023: Now Streaming on Netflix

School Friends OTT Release Date 2023: All You Need to Know

Tags: LayoffsNetflix
Previous Post

Rohan Bopanna: A Tennis Resurgence – From Shanghai Masters Final to Top 5 in ATP Doubles Ranking

Next Post

India Rolls Back Laptop Import Restrictions: A Policy Reversal 2023

Related Posts

Mohun Bagan
FAQ

Mohun Bagan SG vs East Bengal Highlights: Red and Golds Qualify for AIFF Super Cup Semifinals After Goalless Draw

October 31, 2025
Mohun Bagan SG
FAQ

Mohun Bagan SG vs East Bengal LIVE Score | AIFF Super Cup 2025-26 Kolkata Derby Updates

October 31, 2025
Australia
FAQ

IND vs AUS 2nd T20I: Hazlewood’s Brilliance Powers Australia to Dominant Victory at MCG

October 31, 2025
Arc Raiders
FAQ

Arc Raiders: Complete Maps Guide—All 4 Locations, Risk Levels & Strategic Breakdowns

October 31, 2025
Roi Roi Binale
Entertainment

Roi Roi Binale Movie Review: Zubeen Garg’s Emotional Farewell Creates History in Assamese Cinema

October 31, 2025
Chiyaan 63
Entertainment

Chiyaan 63: Vikram Takes Bold Gamble With Debutant Director Bodi Rajkumar

October 31, 2025
Next Post

India Rolls Back Laptop Import Restrictions: A Policy Reversal 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

  • Buy JNews
  • Support Forum
  • Pre-sale Question
  • Contact Us
Call us: +1 234 JEG THEME
No Result
View All Result
  • Home
  • Technology
  • Smartphones
  • Deal
  • Sports
  • Reviews
  • Gaming
  • Entertainment

© 2025 TechnoSports Media Group - The Ultimate News Destination