After having a nice boom during various quarantines, Netflix is bottoming out. The platform announced a few days ago that it had experienced its biggest drop in subscriber count to more than 200,000 people, which caused a sharp drop in the stock price in the stock market.
Especially paying the price of the suspension of its service in Russia, the platform reacted quickly to try to limit possible financial losses. Announcing that it is working on a cheaper proposal – but with ads – to attract new consumers or keep old ones looking to cut costs, the platform made a radical decision a few days ago. According to this windingNetflix executives have reportedly fired Phil Ryanda, director of animation creation and development.
A few more members of the latter’s team, especially those who thrived in the Kids & Family division, would leave the platform for other streaming services, chilled by the new direction set by Netflix. According to this windingwhile teams previously enjoyed great creative freedom, they would be instructed to do so from now on” What the public wants to see”. Netflix has also decided to abandon some major projects that are already in development. This applies to animated adaptations of the novel. tweets Roal Dahl and the comics bone by Jeff Smith. Another project that consumers cannot see is the serial Trouble and Trouble by Laurent Faust.
Nervous since Netflix’s decision to refocus on projects known or alleged to the public, the masters of the streaming service’s original animated content would accuse the platform of limiting communication around these creations as much as possible to more easily justify a possible cancellation.
Clara Kolodny
Source: Programme Television
Elizabeth Cabrera is an author and journalist who writes for The Fashion Vibes. With a talent for staying up-to-date on the latest news and trends, Elizabeth is dedicated to delivering informative and engaging articles that keep readers informed on the latest developments.
