'The Magician's Elephant', directed by Australian Wendy Rogers and produced and animated in Sydney by Animal Logic, premieres on Netflix March 17.
Animal Logic co-founder and CEO Zareh Nalbandian believes coming under Netflix is an opportunity to "solidify the company's future", following a tumultuous couple of years for the industry.
Together, the two companies will form a global creative production team and animation studio that will produce Netflix animated film titles.