TV’s Animation Boom Sparks New Studios at Netflix and CBS

As adult animation continues to explode (more than 10 new series orders in 2018 to date), Netflix is launching an in-house studio to better monetize what can be hugely lucrative programming.

As it has with live-action scripted, the streamer will scale back on outsourcing the costly process to animation companies like Bento Box, which is handling the recently ordered Hoops. Netflix’s studio, say sources, will animate kids programming, originals and films, working with writers including Alex Hirsch (Gravity Falls) and Shion Takeuchi (Disenchantment) to create new projects. (In a sign of the booming genre, sources say Hirsch’s Netflix overall deal is worth more than $10 million per year.)

Read more at The Hollywood Reporter