1.Add milk, cream, sugar, vanilla to a large pot. Sprinkle gelatin over top and let it sit for 10 minutes. Stir with a whisk until gelatin is almost dissolved.
2.Warm pudding mixture over low heat on the stove. You do not want it to simmer or come to a boil. While the mixture is heating up, continue to stir with whisk until gelatin and sugar are completely dissolved. This should only take 1-2 minutes once the mixture begins to heat up. Once dissolved, remove from heat.
3.Pour pudding into small bowls/jars or similar containers. You should have about 20 ounces of pudding mixture.
4.Place pudding containers into fridge to set. This will take about 4-6 hours. Once set, they can be eaten as is. You can also decorate the tops with fruit or syrup before eating. I recommend taking them out of the fridge 15-20 minutes before eating, which will yield a softer pudding. It can be eaten straight out of the fridge but the texture will be more firm.