Aardman, the British animation studio famous for Wallace & Gromit, has reported an annual loss of £1.1 million, falling short of its goal to return to profitability in 2025. The employee-owned company cited production delays and a difficult market for children’s content as key challenges after two years of consecutive losses. Despite the setback, the studio remains focused on recovery amid ongoing industry pressures.
Animation studio narrows annual loss to £1.1m amid ‘challenging market’ in children’s contentDon’t break out the celebratory Wensleydale just yet. Aardman, the British animation studio behind the cheese-loving inventor Wallace and his beloved dog Gromit, has fallen short of a target to get back in the black, its accounts show.The employee-owned business was aiming to record a small profit in 2025 after two years of consecutive losses but was hit by production delays and a “challenging market” in children’s content. Continue reading...