Netflix and Skydance Animation Part Ways Following Ray Gunn and Jack in the Beanstalk Movie
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Netflix and Skydance Animation to Part Ways Following Ray Gunn and Jack in the Beanstalk Movie
Netflix will also continue to release Brad Bird’s movie Ray Gunn ahead of Christmas.
By Kasey Moore
@kasey__moore
September 14th, 2026 – 12:13 pm
Picture Credits: Netflix
The ambitious partnership between Netflix and Skydance Animation is coming to an end, per Deadline. We’ve learned that following the release of Eddie in the Beanstalk in 2027, the animation studio headed by John Lasseter will pivot away from streaming-first releases and head back to theaters under a new distribution strategy.
As many of you will remember, we called Netflix acquiring the rights to Skydance Animation’s slate Netflix’s biggest flex of 2023, partnering with what we dubbed “Pixar 2.0.” After a brief stint with Apple TV+, Skydance brought its heavyweight creative team over to Netflix in a multi-year deal that promised a steady pipeline of top-tier animated features.
In a statement to Deadline, Netflix and Paramount wrote:
"Netflix and Paramount have mutually agreed to conclude their animated film agreement. Both companies remain fully committed to the successful releases of Ray Gunn and the untitled Jack and the Beanstalk project on Netflix, and additionally will continue their longstanding content licensing relationship. We are proud of our collaboration to date and look forward to bringing these upcoming films to audiences around the world."
Here’s What We Know
- Remaining Movies: Netflix still has a robust slate of Skydance titles lined up over the next year and a half.
- Ray Gunn: The highly anticipated sci-fi noir is confirmed for release on December 18th, 2026, with a very limited theatrical run.
- Jack and the Beanstalk: The untitled adaptation will officially mark the end of the multi-year output deal between the two entertainment giants, presumably over the next year or two.
A Look Back at the Skydance/Netflix Era
The partnership has certainly been a rollercoaster in terms of viewership and critical reception. While Spellbound struggled to capture the zeitgeist, Swapped became a global phenomenon for the streamer, racking up staggering viewership numbers and smashing its way onto the Netflix Top 10 All-Time Most Popular list.
Picture Credit: Netflix
What’s Next for Skydance?
