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Netflix plans to amass the animation studio Animal Logic, which is understood for making hits like Blissful Toes and The Lego Film, the streaming firm introduced on Tuesday alongside its Q2 2022 earnings.
“As we speak, we introduced that we are going to be buying main animation studio Animal Logic, with ~800 superb folks principally in Sydney and Vancouver, which can assist us speed up the event of our animation manufacturing capabilities and reinforces our dedication to construct a world-class animation studio,” Netflix wrote in its Q2 2022 shareholder letter (pdf).
The 2 firms are already partnering on The Magician’s Elephant (set for a 2023 launch) and Ron Howard’s first animated movie, The Shrinking of Treehorn. The acquisition is anticipated to shut this yr, in line with a press launch.
Netflix has continued to construct out its animated programming, together with a not too long ago introduced sequence based mostly on the Exploding Kittens card recreation that’s set for subsequent yr. However in Could, it additionally laid off 70 part-time jobs in its animation studio and dropped some animated tasks, Selection reported.
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