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Jellyfish Pictures co-founder Phil Dobree has broken his silence on the sudden closure of his U.K.-headquartered studio which had been in operation for 24 years.

The studio recently produced the animation for Dreamworks Animation’s Dog Man and Netflix’s series Wolf King, which premiered last week.

Dobree shared his thoughts in a Linkedin post, saying that “unstoppable market forces have resulted in a race to the bottom” and calling for more industry support and regulation. He cited a variety of factors that led to the sudden downfall of one of England’s major animation studios, including “covid, global economic turmoil, industrial action and content wars.”

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