Netflix is planning to acquire Animal Logic animation studio, known for its creations like happy feet And the lego movieOn Tuesday, the broadcasting company announced its earnings for the second quarter of 2022.
“Today, we announced that we will acquire leading animation studio Animal Logic, with an incredible 800 people mostly in Sydney and Vancouver, which will help us accelerate the development of our animation production capabilities and reinforce our commitment to building a world-class animation studio,” Netflix wrote in its second-quarter shareholder letter from 2022 (PDF).
The two companies are already involved in Charming Elephant (set for release 2023) and Ron Howard’s first animated movie, Tree horn shrinking. The acquisition is expected to end this year, According to a press release.
Netflix has continued to build its own animated programming, including recently announced series Based on cats explode card game set for the next year. But in May, it also laid off 70 part-time jobs at its animation studio and canceled some animation projects, diverse mentioned.
Animal Logic worked on all lego movie Feature films, including The LEGO Batman movie And the The lego ninjago movie.
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