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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.

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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
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