Originally set for Paramount release March 18, Netflix will stream the animated movie August 5—and, Netflix tells Indiewire, they will open the movie day and date in theaters in advance of a full-scale Oscar campaign.

Adapted by top American animator Mark Osborne (“Kung Fu Panda”) from the 1943 French children’s classic by Antoine de Saint-Exupéry (which has been translated into 260 languages and is still a staple on children’s bookshelves), “The Little Prince” premiered at Cannes 2015 to rave reviews.

Since then Osborne has attended 12 international premieres and the $80-million movie has grossed more than $100 million around the world. Designed from the start as an English-language film that would be dubbed for foreign countries, “The Little Prince” succeeded overseas, doing best in China ($25 million), Italy ($10.5 million) and France ($12 million), where it won the Cesar for Best Animated Feature.

Even so, just after the film opened in Canada on March 11, Paramount abruptly pulled it from theaters,...