After a successful first season, Arcane, the animated series League of Legends, will return to Netflix next year. The streaming platform is currently facing some small budgetary problems . One of the reasons is the exorbitant price of the fourth season episodes of Stranger Things which would have cost a whopping $30 million each. But that's not all. Netflix's share value tumbled, due to a loss of revenue from the service's suspension in Russia. The service also lost 200,000 subscribers in the first quarter of 2022 compared to the end of 2021. A first for 10 years for the American company. As a result, the platform's market value fell by $54 billion .
To balance the books, Netflix therefore decided to cut new show budgets by up to 25%, without naming any titles.
Arcanum spared
If we do not yet know which series exactly will suffer these budget cuts, it would seem that Arcane, the series produced by Riot Games and the French studio Fortiche, is safe.
In an interview, the developers of League of Legends confirmed that Arcane is completely independent from Netflix - Riot "produces the series entirely" in collaboration with French studio Fortiche. The streaming platform is only in charge of the distribution of the series – the production of season 2 will therefore not be impacted in any way, good news for fans who are eagerly awaiting the continuation of the adventures of Jinx, Vi, Jayce and company.
According to Riot Games, production on the second season is "in full swing" . No official release date has yet been set, either publicly or behind the scenes, but all eyes are on 2023.
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