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Netflix cancels Meghan Markle's animated series 'Pearl'

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Netflix cancels Meghan Markle's animated series 'Pearl'
Prince Harry (L) and Meghan Markle speak at Global Citizen Live in September 2021. Netflix has canceled an animated series canceled by Markle. File Photo by John Angelillo/UPI | License Photo

May 2 (UPI) -- Netflix has canceled Pearl, an animated series that was in development from creator Meghan Markle.

The cancelation comes after Netflix shares plunged in April after the streaming service announced a drop in subscribers.

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Netflix told CNBC that the cancelation is part of strategic decisions the company is making on animated content.

Pearl was set to follow the adventures of a 12-year-old girl who finds inspiration from influential women throughout history.

Markle and Prince Harry signed a multi-year deal with Netflix in September 2020 to develop documentaries, feature films, scripted televisions series and children's shows.

Netflix will continue to work with the duke and duchess of Sussex through their Archwell Productions company.

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Meghan Markle arrives on the red carpet at the USA Upfront Presentation in New York City on May 16, 2013. From 2011 to 2017, she played Rachel Zane on USA's series "Suits." Photo by Dennis Van Tine/UPI | License Photo

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