The show, announced last year, was dropped after the streaming giant revealed a sharp fall in subscribers.
The animated series was planned to centre on the adventures of a 12-year-old girl inspired by influential women from history.
Archewell Productions, the company formed by the Duke and Duchess of Sussex, will continue to work on other projects with Netflix – including Harry’s Heart of Invictus documentary.
But the move to shelve Meghan’s animated project has been dubbed a “complete disaster” for the Sussexes – and a royal commentator has suggested it “looks as if there’s not much that they’re able to do apart from moaning about the royals”.
Meghan Markle and Prince Harry
PIROSCHKA VAN DE WOUW
Rafe Heydel-Mankoo appearing on Breakfast with Eamonn and Isabel
GB News
Appearing on Breakfast with Eamonn and Isabel, royal commentator Rafe Heydel-Mankoo told GB News: “Well it’s a complete disaster for Harry and Meghan.
“Archewell productions, their Netflix company which has had the catastrophic news that Pearl – its flagship production which was an animated series executively produced by Elton John and David Furnish – is to be axed.
“As you know, Netflix is having big problems with a dip in subscriber numbers, falling revenues, plummeting share prices and having spent too much on other problems, and is cutting back – particularly on animated series.
“So while Harry’s Invictus documentary is carrying on, there is nothing for Meghan to show for it and it’s really calling into question whether they can walk the walk.
“They’re good at talking the talk.
“They signed up to Spotify but have only produced one podcast so far, the Netflix deal has been in place for over a year now and there’s very little to show for it.
“It looks as if, you know, apart from moaning about the royals there’s not much that they’re able to do.”
