Activision Inc. (NASDAQ:ATVI) announced today (Sept. 28, 2005) a four-for-three stock split of its outstanding shares of common stock to be distributed as a 33-1/3% common stock dividend.
DreamWorks has called off its talks with NBC Universal to buy the independent powerhouse, reports the trades. On Sept. 26, 2005, after two months of exclusive talks between the studios, DreamWorks founder and chief negotiator David Geffen walked away from the table when GE and Universal tried to renegotiate the price after previously settling on a price of around $1 billion.
PBS KIDS Sprout launched a new 24/7 preschool network on digital cable and satellite with more than 16 million committed subscribers dedicated to offering little ones safe, fun, quality content as well as a new website to give viewers online access and activities.
The PBS KIDS Sprout lineup of shows includes: SESAME STREET, BOB THE BUILDER, BARNEY & FRIENDS, THOMAS & FRIENDS, ANGELINA BALLERINA, SAGWA: THE CHINESE SIAMESE CAT, CAILLOU, THE BERENSTAIN BEARS, JAY JAY THE JET PLANE, TELETUBBIES, DRAGON TALES, PINGU, NODDY and more.
TV-Loonland has launched Loonland Pictures to market in-house and third-party productions. Loonland Pictures will be marketing the new TV-Loonland feature film, HEIDI, as its first production.
Loonland Pictures was able to sign on 20th Century Fox und NFP marketing* as marketing and distribution partners for the films Dec. 22, 2005 release.
jack is the new kid on the block of visual effects companies and is quickly making a statement. Having officially launched in Venice, California, feature film and commercial production companies now have a new creative partner for high-end visual effects, finishing and previs.
Nicktoons, Nickelodeons 24-hour animation network, has renamed and rebranded itself to become Nicktoons Network on Sept. 23, 2005. The network, which became ad-supported I August, will continue to showcase a variety of animation all day and night. Targeting kids 6-14, Nicktoons Network features programming that is 75% exclusive to the channel. In addition to a new name and logo, Nicktoons Network sports a fresh look with new packaging both on-air and on the networks new website, www.NicktoonsNetwork.com.
On Sept. 20, 2005, Sony Corp. announced it would cut about 7% of its global work force, sell more than $1 billion in assets and post a loss this year, reports REUTERS. The company hopes to gain 210 billion yen ($1.9 billion) in restructuring charges in next the two business years through March 2007 as it closes plants and slashes 10,000 jobs. With the move, Sony hopes to catch up with Matsushita Electric Industrial and Sharp Corp. in the flat TV market as well as Apple Computer in the portable music industry.
Triple Take Media and CowParade Holdings Corp., a world-renowned organization whose cow motif art and collectible figurines have spawned a multimillion dollar franchise, have established a joint venture designed to expand the beloved COWPARADE brand into all areas of media and merchandising.
Taking 69% of the ballots cast, animation writer Patric Verrone was elected president of the Writers Guild of America West, reports VARIETY. Verrone, a co-producer of THE SIMPSONS and a screenwriter for several other animated series, ran on the platform of following through on the efforts by the guild to organize animation, cable and the reality TV arena. Previously, he served two terms as the WGA West's secretary-treasurer.
European private equity firm Bridgepoint Capital has signed a merger deal with Marathon, which will create a major new production and distribution group in France, reports C21 and was confirmed by Bridgepoint Capital (which also owns production giant All3Media).
Bridgepoint's French division, Financière Héra (Finhera), has been pursuing Marathon. Finhera is lead by Eric Licoy, previously a top executive at Vivendi Universal when Jean-Marie Messier was ceo.
Addressing the needs of commercial producers and others involved in high-end visual effects production, Hollywood Center Studios has unveiled a new 4,500-square-foot shooting stage with a three-wall, hard cove cyc. Dubbed Stage 12, the new space can accommodate the popular motorized Fisher Light rigs, making it ideal for car shoots, as well as bluescreen or greenscreen work.
The Board of Directors of ASIFA-Hollywood has announced that the ASIFA-Hollywood Animation Archive will be opening to the public on Tuesdays and Thursdays from 1:00 pm to 9:00 pm beginning Sept. 20, 2005. The Board of Directors of ASIFA-Hollywood has announced that the ASIFA-Hollywood Animation Archive will be opening to the public on Tuesdays and Thursdays from 1:00 pm to 9:00 pm beginning Sept. 20, 2005.
French-born Sylvain Chomet and his producer wife Sallys studio in Edinburgh, Scotland is creating an influx of animators to the city, reports SCOTLAND ON SUNDAY. Django Films is set to hire up to 250 artists to work on the two feature projects.
The first film is THE ILLUSIONIST, a £10m animated being funded by Pathé Pictures. A second project is in the works with Universal for a computer-animated feature titled, THE TALE OF DESPEREAUX.
Industry veterans David Gioiella and Mark Littman have launched Mr. Wonderful, a new design and vfx company. The entity is an offshoot of their Northern Lights Post boutique and will cater to high-end broadcast design, feature film and television projects.
The Walt Disney Studios' distribution arm, Buena Vista Pictures Distribution (BVPD), and Access Integrated Technologies' (AccessIT) Christie/AIX unit have entered into a groundbreaking non-exclusive agreement to supply feature films from Walt Disney Pictures and Touchstone Pictures to DCI-compliant digital projection systems to be deployed by Christie/AIX. Christie/AIX will install between 2,500 and 4,000 systems throughout the United States and Canada over the next two years.
Animation production company Soup2Nuts, is launching a new state-of-the-art division, Condensed Soup, dedicated to producing commercials, animated shorts, webisodes and network branding.
Best known for cable hits HOME MOVIES (Adult Swim), OGRADY (Noggin/ The N) and DR. KATZ: PROFESSIONAL THERAPIST (Comedy Central), Soup2Nuts decided it was timely to take the studios unique humor and animation style into the world of animated shorts and commercials.
In many respects, Quiet Man functions much as it sounds. The New York visual effects company is decidedly low-key and casual, reflecting the comfortable confidence with which they ply their craft. However, Since opening their doors a decade ago, the creative studio has enjoyed a, for the most part uninterrupted, growth in status and reputation in the advertising industry, in which they are renowned for the high level of aesthetic and technical finesse they bring to their visual effects work.
The School of Art at Louisiana State University in Baton Rouge, through the offices of NASAD The National Association of Schools of Art and Design, an organization that accredits art and design programs, has issued a call for art supplies to help the children and artists affected by Hurricane Katrina.
Following the first China International Animation Festival held this past June in Hangzhou, capital of east China's Zhejiang province, the government has released 15 new measures to help build the area into an "animation capital," reports PEOPLE'S DAILY ONLINE. The incentives call for developing animation industry in Hangzhou over a five-year plan period.
UTV Software Communications Ltd. of India has announced a joint venture with the Malaysia-based Astro, a DTH and pay TV operator, to create two new channels in the region, reports the BUSINESS STANDARD. UTV will handle the content, marketing and brand building with the capital investment coming entirely from Astro. UTV will receive nearly $1 million a year as well as an option to invest up to 20% equity in the channel at par over three years.
Paramount Pictures has delivered the biggest summer at the domestic box office in the studio's history, with $503,031,989, besting the previous record of $412M, set in 1994, when the studio released FORREST GUMP.
Vancouver and Boston-based production company Global has created a new TV series division anchored by three new animation projects: 20 episodes of a new series for PBS and WGBH called FETCH!; three childrens books for the next season of the award-winning PBS series, BETWEEN THE LIONS, produced by WGBH Boston, Sirius Thinking Ltd. and Mississippi Public Broadcasting; and a five-episode original series created by Lincoln Pierce for a new programming block on Cartoon Network.
News Corp. announced today that it had signed a definitive agreement to acquire IGN Ent. Inc, a leading community-based Internet media and services company for videogames and other forms of digital entertainment, for approximately $650 million in cash. IGN and its network of sites would then be folded into News Corp.s Fox Interactive Media unit.
Marvel Enterprises Inc. announced the completion of a $525 million non-recourse debt facility, which will finance Marvel's production of up to 10 films based on characters from its stable of comicbook characters, including Captain America, Nick Fury and The Avengers. Paramount will distribute the film slate, with the first theatrical release expected for summer 2008. This arrangement gives Marvel complete creative control, the ability to build a film library and greater profit potential than it has received from films licensed to other studios.
We at AWN were relieved to hear at last from Beau Perschall, vp of publishing for Turbo Squid, who reports the New Orleans-based 3D software company has weathered hurricane Katrina. He shared that the company is slowly reconnecting its many tentacles while the site has remained alive through the ordeal.
He was able to evacuate his family to stay with friends in North Carolina and is hearing that his house and others are intact for the most part.