After raising a huge nugget of cash through crowd funding Lackadaisy probably knows well enough what it’s worth that its creators won’t settle for an unfavorable contract. Moreover the pilot suggests that they want full, lush Don Bluth style animation, and that could be more than anyone was willing to pay them.
It’s probably been a more attractive prospect to astroturf a home grown, studio owned property into a hit and keep the largest portion of the profits. But we all see now that the system can’t seem to do it anymore. It’s interesting that we’re seeing things like Hazbin Hotel and the Amazing Digital Circus on the big streamers. I guess they were able to give them the deal they wanted.