Netflix Cancels Meghan Markle's Animation Show 'Pearl'

On Sunday, media reports revealed that Netflix has canceled Meghan Markle's animation show "Pearl" due to the latest production cuts by the giant streamer amid subscriptions' decline early 2022.

The teaming up between the Duchess of Sussex, and Netflix for producing "Pearl" was announced last year.

The Sussexes productions company Archewell Productions stated last Summer: “Archewell Productions today announced that it is developing a new animated series for Netflix.

"Created by Meghan, the Duchess of Sussex, Pearl (working title) will be a family series that centers on the adventures of a 12-year-old girl, who is inspired by a variety of influential women in history."

Meghan Markle stated: “Like many girls of her age, our heroine Pearl is on a journey of self-discovery as she tries to overcome life’s daily challenges. I’m thrilled that Archewell Productions, partnered with the powerhouse platform of Netflix and these incredible producers, will together bring you this new animated series, which celebrates extraordinary women throughout history."

Late April, the leading streaming service Netflix canceled several plans for new productions after losing more than 200,000 subscriber since the beginning of 2022, international media agencies reported.

According to The Wrap, the most hit Nextlfix department was the animation one, therefore, several in-development projects have been canceled.

Netflix saw its first subscriber loss in more than a decade, sending its stock down 25% in extended trading amid fears that the pioneering streaming service has passed its prime.

According to the company’s quarterly earnings report released Tuesday, its client base declined by 200,000 customers between January and March.

It’s the first time Netflix’s member base has declined since the streaming service became available in most of the world save China six years ago. This year’s reduction was caused in part by Netflix’s decision to depart from Russia in protest of the war against Ukraine, which resulted in a loss of 700,000 customers.

Netflix admitted the depth of its troubles by estimating a 2 million subscriber loss during the April-June timeframe.