Todd Spangler NY Digital EditorDNEG, a U.K.-based visual effects and animation house whose customers include Netflix and major Hollywood film studios, has called off plans to go public amid the broad global slump in financial markets.In January, DNEG had announced plans to merge with Sports Ventures Acquisition Corp., a special purpose acquisition company (SPAC), in a deal valuing the company at $1.7 billion. The duo had previously expected that to close in the first half of 2022.On Thursday, the companies announced the termination of the agreement as a result of “current unfavorable SPAC market conditions” and other factors.