Netflix Will Acquire Australian Animation Studio Animal Logic to Level Up Its Animation Production Capabilities

Netflix Inc plans to acquire Sydney-based Animal Logic, an animation studio that has worked on hits from “Happy Feet” to “The Lego Movies.” The move will accelerate Netflix’s efforts to build end-to-end animation production capabilities.

The acquisition, which requires regulatory approvals, was announced just ahead of Netflix’s quarterly earnings report. Netflix said it expects the deal to close later this year.

[Via]

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