Netflix has canceled an animated series that was in development from creator Meghan Markle.   Titled Pearl, the series was set to follow the adventures of a 12-year-old girl who finds inspiration from influential women throughout history.

The cancelation of Pearl comes after Netflix shares plunged in April after the streaming service announced a drop in subscribers. Sources reveal that Netflix said the cancelation is part of strategic decisions the company is making on animated content.

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