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Headline News First Pooh, Now Pan: Disney in Court over Peter Pan Rights

If Disneys decade long battle over the merchandising rights to WINNIE THE POOH wasnt enough, Walt Disney Co. is now in a legal wrangling with a U.K. children's hospital over the copyright to J. M. Barrie's classic novel, PETER PAN, reports THE LONDON TELEGRAPH.

Headline News DreamWorks Animation SKG Sets IPO Price

On Oct. 12, 2004, DreamWorks Animation SKG Inc. set its planned initial public offering at 29 million shares that could raise up to $725 million. DreamWorks Animation, a unit of the DreamWorks movie studio formed by Jeffrey Katzenberg, Steven Spielberg and David Geffen, said in a regulatory filing that it set an estimated offering price of $23 to $25 per share for the sale of 29 million Class A shares. Under the IPO, DreamWorks will offer 25 million shares and selling shareholders will sell an additional 4 million shares, according to an amended offering document filed with the U.S.

Headline News WGAw Creates New Media Writers Caucus

The Writers Guild of America, west has formed a New Media Writers Caucus to address the professional needs of writers working in this area of entertainment.

"There are now three major categories of screen-based entertainment: TV, movies, and games," said WGAw secretary-treasurer Patric Verrone. "We feel that new media writers and writer/designers deserve the same support and recognition that the guild offers other professional screenwriters."

Headline News Quiet Man Launches Design-Driven Grasshopper

New York-based visual effects studio Quiet Man launched Grasshopper, its artist-run, design-savvy sister unit. Grasshopper is located adjacent to the Quiet Man studios, and specializes in original design and visual effects. Combining design skills with technical know how, the artists of Grasshopper seamlessly bring together animation and compositing to create design-driven visual effects.

Headline News ADV, Funimation & Geneon Form Joint Venture

At MIPCOM, the three largest producers and distributors of anime in America -- ADV Films Inc., Funimation Prods. and Geneon Ent. (USA) Inc. -- announced plans to form a joint venture for the development and marketing of anime. They will focus on developing high quality entertainment series primarily targeted to children and young adults, where the team can best maximize their respective resources, talent and expertise.

Headline News Island Films to join Omnilab Group

Australian production, post-production and TV broadcasting company, Omnilab Group is in the final negotiations on the acquisition of boutique local drama and feature post-production facility, Island Films. Over the last 10 years, Island has provided facilities for some of Australia's most successful feature films including RABBIT PROOF FENCE and LOOKING FOR ALI BRANDI, as well as the TEN TV drama series WHITE COLLAR BLUE and miniseries JESSICA.

Headline News Version2 and Liquid Light Join Forces

Version2 and Liquid Light have merged their respective editorial and visual effects & design departments for a more streamlined creative process. Version2, as the new company is known, will provide services to clients in the film, commercial and broadcast arenas. The company kicks off with a high-profile spot for Samsung, as well as campaigns for Top Flite, TD Waterhouse, Wild Aid PSA, Verizon, Puma and a redesign for Time Warner.

Headline News TripleTake Media To Represent Select iBooks Titles

TripleTake Media has teamed with leading New York publisher iBooks to identify and develop entertainment and media opportunities based on select titles from iBooks, as well as its affiliated or wholly owned brands, including Milk & Cookies Press and Komikwerks.

Initial iBooks titles to be exclusively represented by TripleTake include:

* WINNERS NEVER QUIT! by Mia Hamm

Headline News mOcean and CMP/West to Create New Advertising/Design Facility

mOcean and CMP/West, two of the Craig Murray Prods. group of companies, will join together in a new Westside Los Angeles facility to be completed in September and operate under the mOcean banner.

The newly combined company will serve the entertainment industry as a full-service creative advertising agency as well as continue to provide its film and television clients with a complete range of design and editorial capabilities in the production of theatrical trailers and television image campaigns.

Headline News Miramax and Wild Brain Combine for CGI Opus Feature

Miramax/Dimension Films and San Francisco-based animation studio Wild Brain Inc. have agreed to a multi-year, multi-film agreement to co-finance and co-produce CG-animated films. Each will each finance 50% of the production on agreed projects. Miramax/Dimension will distribute the films worldwide in all media.

The first joint production is expected to be OPUS, which Craig Mazin (SCARY MOVIE 3) will adapt from the Pulitzer Prize-winning comic strip, BLOOM COUNTY, created by Berkeley Breathed.

Headline News Disney's Iger Paints Poor Pixar Prospects

By Rick DeMott | Wednesday, September 29, 2004 at 12:00am

Disney president Robert Iger said on Wednesday that a renewed deal between the house that Walt built and Pixar Animation Studios was "unlikely, reports REUTERS. He added that partnerships like the one Disney had with Pixar to distribute its films often "outgrow one another."

"If it's not Pixar, it will be someone else," Iger told an audience at the Royal Television Society's international conference in London.

Headline News Calabash Animation Sold to Veteran Staffers

Ed Newmann and Monca Kendall, founder/owners of Chicago-based Calabash Animation, one of the leading privately-owned animation studios in the country, have sold the company to Wayne Brejcha and Sean Henry. Brejcha, who joined Calabash in 1990, takes over as chairman and Animation director, and Henry, who joined in 1998, will be president.

Headline News Disney Board of Directors Sets CEO Search, Refigures Bonus Program

The Walt Disney Co. board of directors met Sept. 19-21, 2004, on the 20th anniversary of Michael Eisner's service as ceo, and voted to reaffirm support for its management team, redesigned the management incentive bonus program and started its search for its next ceo to be chosen by June 2005.

Headline News 21-Year-Old Scribe Starts Elysium Ent.

By Rick DeMott | Tuesday, September 21, 2004 at 12:00am

TYRO screenwriter Ali Russell has launched feature production banner Elysium Ent. with a pair of comicbook-based projects -- THE 10TH MUSE and an untitled Rob Liefeld film, reports VARIETY. Brooklyn Weaver of Energy Ent. will sheperd the new company. Weaver discovered 21-year-old Russell at the UCLA screenwriting program.

Weaver optioned MUSE for low-six figures and Russell is set to write and produce the film. Based on the comic by Darren Davis, the story follows the adventures of modern-day daughter of the Greek God Zeus.

Headline News Rhino Animated Features Formed by Trio of Companies

By Rick DeMott | Tuesday, September 21, 2004 at 12:00am

Rhino Films has joined forces with MOTHER JONES magazine and Alligator Planet to form Rhino Animated Features, which is designed to produce a series of activism docs for theatrical release, reports VARIETY. The first film will be MOTHER SEES RED, which will take a look at America's current culture wars. An animated version of labor leader Mary Harris "Mother" Jones will host the films.

MOTHER JONES will give editorial direction for the projects. Rhino Films head Stephen Nemeth brought the idea to Alligator Planet, where Tim Boxell will head the company.

Headline News Entertainment Rights Acquires Tell-Tale Prods.

By Rick DeMott | Tuesday, September 21, 2004 at 12:00am

Entertainment Rights has acquired the production company Tell-Tale. Creative talent Iain Lauchlan and Will Brenton with fellow directors Karl Woolley and Helen Cadwallader will join ER to lead the creative division, which will immediately begin work on an extensive production and development slate.

Headline News Korean Researchers Anticipate New 3D Technology Boost

A group of Korean researchers from a local university have developed a new kind of high-quality MoCap technology that is so simple to use that they believe this will allow Koreans to compete internationally in vfx, reported THE CHOSUN ILBO.

Headline News Cambridge Animation Systems Restructures, Moves to Ireland

Cambridge Animation Systems, developer of Animo 2D software, has moved its company headquarters from England to The Digital Hub, in Dublin. Cormac Slevin, who has been with the company since 1998, will manage the new office.

The company has restructured its management team. Peter Florence, an original founder of Cambridge Animation Systems, will stay on as a shareholder alongside the new investment group; Digital Animation Media Ltd.

Headline News Sony Buys MGM for Nearly $5 Billion

Time Warner Inc. withdrew its bid for Metro-Goldwyn-Mayer on Monday and Sony Corp. rushed in to buy the studio for nearly $5 billion, VARIETY reported. The deal provides Sony with the largest library in Hollywood (nearly 8,000 films) along with valuable assets to set up TV distribution deals, and the chance to own such mega franchises as the James Bond film series.

Headline News Bankrupt CrossGen Comics May Sell for $500,000

John Taddeo, formerly associated with Florida publisher Tekno Comics, has put up an offer of $500,000 to purchase all the assets of bankrupt comicbook publisher CrossGen, reports ICv2.com.

The filing states. "The sale of the Assets to the Purchaser is far from a mere continuation of the Debtors' businesses in the ordinary course, but represents a liquidation of the businesses.

Headline News Anchor Bay and Fox Sign DVD/VHS Pact

Anchor Bay Ent., IDT Ent.'s home video subsidiary, and Twentieth Century Fox Home Ent. (TCFHE) have entered into a long-term distribution agreement. TCFHE will handle all manufacturing and distribution services for Anchor Bay's entire library of DVD and VHS offerings.

Headline News Eisner’s Reign At Disney to End in 2006

Walt Disney Co.s ceo Michael Eisner has announced that he is stepping down from his post when his contract expires in Sept. 2006, reports the WALL STREET JOURNAL. This move ends Eisners two-decade reign at the mega-corporation and comes six months after former board members Stanley Gold and Roy Disney tried to oust him from the firm. Gold and Disneys efforts did lead to Eisner being removed as chairman. Disney president Robert Iger is Eisners "preferred choice" to succeed him.

Headline News Radar Pictures Joins Forces With C.O.R.E.

Radar Pictures of Los Angeles (THE CHRONICLES OF RIDDICK and THE LAST SAMURAI) has agreed to a minority interest in the Canadian visual effects group of companies that includes C.O.R.E. Feature Animation and C.O.R.E. Digital Pictures of Toronto.

Said Bob Munroe, president/co-founder of C.O.R.E.: "Partnering with one of Hollywood's most successful independent production companies will give us greater access to the resources required to bring major animated feature films to market.

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