Paramount and Netflix End Animated Film Deal, But Ray Gunn and Jack and the Beanstalk Stay on Netflix

Paramount and Netflix are ending their animated film agreement, bringing an end to a partnership that began when Netflix signed a multi-picture deal with Skydance Animation in 2023. The arrangement continued after Skydance merged with Paramount, but both companies have now mutually agreed to conclude the broader pact. In a joint statement reported by Deadline, the companies confirmed that the split will not affect two projects already committed to Netflix. “Netflix and Paramount have mutually agreed to conclude their animated…