Honestly, it seems like the streaming bubble is bursting, thus the implosion at HBOMAX, and multiple critically acclaimed series being cancelled at all American streaming services. It’s hard to predict the status of any type of scripted series (reality shows are cheaper to produce).

On the other hand, streaming services global reach has funded animation production from all over the world. Netflix has adaptations of comics from the Philippines, Korean Webtoons, and Chinese novels, Irish animated films and French series. Japan is producing more anime than ever because of funding from international streaming markets.

American studios Titmouse and Frederator have a few shows in production, if I understand correctly. Video game adaptations are becoming more popular (Arcane got a lot of acclaim).

Invincible and Vox Machina have been renewed for multiple seasons.

Animated spinoffs of major American properties like Star Wars and Star Trek seem to be doing pretty well (I quite liked Star Trek Prodigy, personally. Lower Decks is more of a mixed bag, but not bad).

I think there’s reason for animation fans to be optimistic, but there will be a lot of bumps as streaming services figure out their finances going forward.