Animation Industry Receives Boost From Streaming Networks

Netflix and Amazon Spark Animation Revival, Spending Heavily in Quest for Binge-Worthy Shows
– Los Angeles Times

Manatt’s Eunice Shin, a managing director with our Manatt Digital team, discussed streaming services and the boom of the animation industry in an article for the Los Angeles Times.

With Netflix, Hulu and Amazon spending, on average, 11% of their budgets on developing animation content, the publication noted that traditional media companies, such as family-friendly Disney Channel and Nickelodeon, are feeling the pressure to maintain their audiences since several of them are leaving for streaming services.

“There’s no question that these streaming services are trying to win family [content],” said Shin.

Read the article here