NETFLIX has axed a number of new shows after losing a huge number of subscribers, according to reports The subscription service's stock price fell by almost 40 per cent after it announced a loss of 200,000 subscribers - the first time its customer base had failed to grow in a decade - and it expects to lose millions more by June.
The Wrap reports adaptations of Roald Dahl's The Twits, Jeff Smith's comic book series Bone and Lauren Faust's Toil and Trouble have all been stopped.
Feature film Bright 2, that was set to feature Will Smith, has also been binned, however, reports claim it could be due to the furore around the actor's infamous slap at the Oscars.
There's also been big personnel changes with Phil Rynda, Netflix's Director of Creative Leadership and Development for Original Animation, axed.
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