Netflix has canceled development on 'Pearl,' an animated series created by Meghan, Duchess of Sussex.
The streamer said it will continue its work with the Duke and Duchess of Sussex's Archewell Productions on a number of projects. The production companyin 2020 to make documentaries, docuseries, feature films, scripted shows and children's programming.
Netflix has faced pressure as more competitors enter the space and vie for users' time. With that, the company has spent billions on its content. In its most recent quarter, the company reported its first decline in paid users in more than a decade and warned of trouble ahead. Netflix CFO Spencer Neumann said the company was
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