The upcoming My Little Pony movie has been bought by Netflix. The animated family film was originally set to be released theatrically by Paramount in September this year, but it will now premiere on the streaming service later this year.
According to The Hollywood Reporter, Netflix has struck a deal with Hasbro, who produced My Little Pony, to release the film internationally, with the exception of China. My Little Pony is directed by Rob Cullen, Jose Ucha, and Mark Fattibene.
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The movie is the latest release from the hugely popular toyline and TV franchise, which launched in 1982. The last film was 2017's My Little Pony: The Movie, which was a spinoff the reboot series My Little Pony: Friendship Is Magic. THR states that the latest movie will be set in the "beloved pony world of Equestria as it expands to introduce a new generation of ponies to a new generation of fans."
My Little Pony is the latest of several movies that Paramount was set to distribute theatrically that will instead end up on streaming services. Others include The SpongeBob Movie: Sponge on the Run, which hit Netflix internationally in November and will debut in the US on CBS All-Access in March, plus the comedy sequel Coming 2 America and Tom Clancy thriller Without Remorse, both of which were bought by Amazon and release in March and April respectively.
In related news, it was reported last year that Hasbro and Paramount are developing two new Transformers movies. The companies are looking to "expand the Transformers universe," and one of the films could be based on the Beast Wars spinoff.