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Category: Business

India Headline News

Sony Pictures Imageworks May Shift Jobs to New Mexico

Sony Pictures Imageworks has proposed moving more than 100 jobs from Culver City to New Mexico if lawmakers approve a state bill next week that would make permanent an existing program providing a combined 25% rebate on taxable production expenses, reports THE LOS ANGELES TIMES.

A proposed 112,000-square-foot digital facility would be housed within the newly opened Albuquerque Studios. The partial relocation would not only reduce the cost of making vfx and 3D animation, but also ease the burden of the Culver City facility that currently operates at full capacity.

Youtube Headline News

Viacom Sues YouTube for $1B

Viacom Inc. has filed a federal copyright infringement lawsuit against YouTube, seeking more than $1 billion in damages. Additionally, Viacom wants an injunction forcing Google and YouTube from posting clips of Viacom-owned content. The complaint contends that almost 160,000 unauthorized clips of Viacom's programming have been available on YouTube and that these clips had been viewed more than 1.5 billion times.

Disney Headline News

Disney Shareholders Elect All 11 Directors At 2007 Annual Meeting

The Walt Disney Co. shareholders overwhelmingly elected all 11 members of the board of directors at the 2007 annual meeting on March 8.

New Disney chairman John E. Pepper, Jr. welcomed shareholders to the first annual meeting ever to be held by Disney in New Orleans.

Headline News

New Animation Center to Open in Malaysia

Malaysian deputy prime minister Datuk Seri Najib Tun Razak announced in Seoul, South Korea the establishment of an animation center in Cyberjaya, reports The center, located in the Multimedia Super Corridor (MSC), will be operated by the Multimedia Development Corp. (MDeC) and will serve as the main platform for Malaysian entrepreneurs in the field to tap into the global market.

Production Headline News

Digital Outlook Launches New Production Arm

London-based online marketing and creative agency Digital Outlook is launching its own production division to develop, produce and distribute character-based intellectual properties online, as well as across all media, including TV, licensing, retail and publishing.

The new studio seeks production partners and creative talent to work with on content and brand creation. The studio already has an active development slate and plans to develop and exploit up to 10 franchises over the next two years.

Film Headline News

New German Rebate System for Film Production

In an upcoming talk in Los Angeles, the mayor of Berlin, Klaus Wowereit, and the regional film funding body, Medienboard Berlin-Brandenburg, will explain to an L.A. audience how American producers can profit from the new German Federal Film Fund (DFFF) which offers a 20% rebate on every Euro spent. They will also present the advantages of Berlin-Babelsberg as one of Europe's most attractive centers for filmmaking. The presentation will take place on Tuesday, March 13, 2007, from 6:00 to 8:00 pm at the Peninsula Beverly Hills Hotel.

Producers Headline News

Canadian Actors & Producers Reach New Agreement

By Rick DeMott | Wednesday, February 28, 2007 at 12:00am

Following several days of negotiations the Canadian Film and Television Production Association (CFTPA), Association des producteurs de films et de television du Quebec (APFTQ) and ACTRA (Alliance of Canadian Cinema, Television and Radio Artists) announced that they have reached a renewed Independent Production Agreement (IPA).

Million Headline News

Flushed Away Sinks DreamWorks Animation 4th Quarter

DreamWorks Animation SKG Inc. announced financial results for its fourth quarter and full year ended Dec. 31, 2006. In the fourth quarter, the company reported operating revenue of $204.3 million with a net loss of approximately $21.3 million, or ($0.20) per share on a fully diluted basis. These results bring the full year reported revenue for 2006 to a total of $394.8 million and net income of $15.1 million, or $0.15 per share on a fully diluted basis.

India Headline News

Sony Launches Imageworks India

Sony Pictures Imageworks (SPI) has purchased 50.1% of FrameFlow, the visual effects and animation studio based in Chennai, India, for about $5 million. FrameFlow worked on Sonys CLICK last year.

As part of the deal, FrameFlow will become Imageworks India and will work with SPIs main production facility in Culver City, California.

Disney Headline News

California Judge Rejects Disney Claim to Winnie the Pooh

A federal judge in Los Angeles rejected an attempt by the Walt Disney Co. to strip rights to the Winnie the Pooh character from the estate of long-time Pooh licensee Stephen Slesinger, according to court documents.

New York literary agent Stephen Slesinger acquired the Pooh merchandising rights from author A.A. Milne in 1930. After Slesinger died, his widow struck a deal with Disney in 1961 to merchandise Pooh and his friends in exchange for royalties.

Television Headline News

Disney-ABC Television Group Renames Television Studio

The Disney-ABC Television Group will rename its in-house production company, Touchstone Television, as the ABC Television Studio, it was announced at the 2007 Disney Investor Conference by Anne Sweeney, co-chair, Disney Media Networks and president, Disney-ABC Television Group. The announcement was made as part of a company-wide strategy to focus on three core brands, Disney, ABC and ESPN.

Headline News

Ubisoft to Build New CG Studio

Ubisoft announced a new phase of development for its operations in Quebec, Canada. The company, which currently boasts more than 1,600 in the province, could invest up to an additional 295.6 million euros over the next six years with the goal of building up a team of 3,000 employees by 2013. This forecast exceeds current development objectives for 2005-2010 by an additional 1,000 jobs.

Animation Headline News

RichCrest Animation Now Crest Animation Prods. with Fogelson at Helm

RichCrest Animation, the U.S.-based production arm of CGI animation studio Crest Animation Studios Ltd. in India, changes its name to Crest Animation Prods. and is expanding its business to become a full-service animation studio specializing in the development and production of CGI-animated properties for theatrical, television, home entertainment and interactive distribution. DIC Ent. vet Noah Fogelson joins as ceo of Crest Animation to spearhead the expansion, leveraging a multi-million dollar injection of funds from the D. E.

Disney Headline News

Buena Vista Games Now Called Disney Interactive Studios

Disney announced the renaming of its videogame business unit to Disney Interactive Studios at the company's investor conference in Orlando. Disney Interactive Studios' svp/gm, Graham Hopper, commented, "This change reflects our focus on creativity, the weight of Disney content in our portfolio, and the enormous value consumers see in the Disney brand."

Brand Headline News

TELETOON Launches a Brand New Look

TELETOON audiences are tuning into a brand new look on the 24-hour animation network. A comprehensive re-brand including the on-air identity, for both the TELETOON daytime programming block and The Detour on TELETOON, the interactive website, all marketing collateral and a new corporate identity was unleashed.

Animation Headline News

Silverline Tech to Set Up New Animation Unit

Mumbai-based the Silverline Technologies Ltd. announced it will spin off its animation division into a separate entity called Silverline Animation Ltd., report REUTERS.

The draft proposal suggests issuing four shares of the new entity for every 100 shares held in the company.

Headline News

Luxology Launches New Training Division

Luxology has created a new training division that will offer a wide range of comprehensive learning materials for modo users. The first product from the new training division is a comprehensive 17-video series, which covers modeling, texturing and lighting for the iconic Le Mans C9 racecar.

Headline News

Aqua Teen Promo Sets Off Terror Scare in Boston

Today (Feb. 1, 2007) Turner Broadcasting System was reeling from a PR nightmare after a guerrilla marketing campaign for the AQUA TEEN HUNGER FORCE feature set off a terror scare in Boston. The Adult Swim marketing department had approved the campaign giving lightbox ads to New York-based guerrilla marketer Interference Inc. The ads were placed in 40 locations throughout 10 cities two to three weeks ago. However, some Boston citizens saw the ads and called police afraid of a bomb attack, spurring 10 hours of traffic jams and closed bridges.

Dreamworks Headline News

DreamWorks and Aardman End Production Pact

DreamWorks Animation SKG and Aardman Animations Ltd. have officially ended their exclusive production partnership. Together the two companies have collaborated on three feature films: CHICKEN RUN (2000) and WALLACE & GROMIT: THE CURSE OF THE WERE-RABBIT (2005), which typified Aardman's trademark stop motion format, and FLUSHED AWAY (2006), which marked their first 3D-animated collaboration but which under performed at the box office.

Studios Headline News

KISS & Platinum Studios Create Comic Venture

Platinum Studios Inc. and KISS Catalog Ltd., the billion-dollar merchandising empire created and managed by KISS' original members Gene Simmons and Paul Stanley, announced the creation of a new worldwide comicbook entertainment company, the KISS Comics Group (

Headline News

Ka-Chew! Opens Live-Action Punch Co.

Hollywood based ka-chew! announced the opening of Punch Co., a live-action entity for the studio. Ellen Knable will join Punch as exec producer and will oversee all national sales efforts. Knable will also run the sales and marketing efforts for ka-chew! in animation for the west and midwest. Schaffer/Rogers continue to rep ka-chew! in the east and Ann Asprodites in the south.

Game Headline News

Softimage Develops New 3D Game Pipeline with EA Chicago

Softimage Co. is developing a 3D game development pipeline built on SOFTIMAGE|XSI software in close collaboration with Electronic Arts' Chicago studio. EA has the largest game development studio operation in the world, and employs a variety of engines, tools and technologies to best serve the needs of each of its game and development teams.

Headline News

Jan. 24 Proclaimed Joseph Barbera Day in Los Angeles County

During a memorial ceremony at the Warner Bros. Burbank, California lot last night for the late animation legend Joseph Barbera, attendees learned Jan. 24, 2007 was proclaimed "Joseph Barbera Day" in Los Angeles County. Los Angeles County Supervisor Michael D. Antonovich presented a scroll Barbera's children -- Lynn, Jayne and Neal.

Animation Headline News

Animation Advisors Opens Virtual Shingle

Jack Enyart, Jean Ann Wright, and M.J. Lallo have joined forces to form Animation Advisors, to address various animation industry needs.

Enyart has been a writer and development specialist for most every major animation studio in Hollywood. He worked on ALVIN AND THE CHIPMUNKS, SCOOBY-DOO, PINK PANTHER, JOHNNY BRAVO and many other TV series. His comicbook credits include LOONEY TUNES, ROGER RABBIT, TOY STORY, LION KING and many more. He may be reached at