Blue Sky Studios
On February 9, 2021, Disney announced that it was closing Blue Sky Studios in April 2021. The company explained that in light of the ongoing COVID-19 pandemic's continued economic impact on all of its businesses, it was no longer sustainable for them to run a third feature animation studio. In addition, production on a film adaptation of the webcomic Nimona, originally scheduled to be released on January 14, 2022, was cancelled as a result of its closure. The studio's film library and intellectual properties are retained by Disney. Although Disney did not give an exact date as to when the studio would be closing down initially, former animator Rick Fournier confirmed on April 10 it was their last day of operation, three days after co-founder Chris Wedge released a farewell letter on social media.