Alongside the report that Netflix lost 970,000 subscribers in its Q2 2022 letter to shareholders, Netflix also announced the acquisition of Animal Logic, the Australian animation studio responsible for “Happy Feet,” “The Lego Movie,” “Peter Rabbit,” and more. The transaction is expected to close later this year.
The two companies are already partnering on “The Magician’s Elephant,” which is set for a 2023 release, and “The Shrinking of Treehorn,” Ron Howard’s debut animated feature.
“Netflix has been investing in animation over the past few years, and this furthers our commitment to building a
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