Netflix acquires Animal Logic, the animation studio behind The Lego Movie
Netflix plans to acquire animation studio Animal Logic, known for making hits like happy feet and The Lego moviethe streaming company announced on Tuesday alongside the results for the second quarter of 2022.
“Today we announced that we will be acquiring leading animation studio Animal Logic, which employs approximately 800 amazing people, primarily in Sydney and Vancouver, which will help us accelerate the development of our animation production capabilities and further our commitment to building world-class animation. strengthen. studio,” Netflix wrote in its Q2 2022 shareholder letter (pdf).
The two companies are already working together on The Wizard’s Elephant (set for release in 2023) and Ron Howard’s first animated film, Shrinking Treehorn. The acquisition is expected to close this year according to a press release.
Netflix has continued to build out its animated programming, including a recently announced series based on the Exploding Kittens card game for next year. But in May, it also laid off 70 part-time jobs in its animation studio and dropped some animation projects, Variety reported.
