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Category: Business

Headline News Latin American Broadcasters Add Some Salsa

Miami-based Latin American distribution outfit Salsa Entertainment has concluded several deals with leading broadcasters throughout the Latin American region. Puerto Rican broadcaster Telemundo has picked up the live-action/animation preschool series SALTYS LIGHTHOUSE (40 x 30 min) from Sunbow Entertainment.

Headline News TV-Loonland Makes Premiere Deal With France 5

Animation producer and distributor TV-Loonland has sold three preschool properties LITTLE GHOSTS (39 x 7 min), CONNIE THE COW (52 x 7 min) and HENRY'S WORLD (26 x 11 min), to public broadcaster France 5. The channel, which until recently was called La Cinquième, is recognized for being France's primary broadcaster of preschool programming and for providing its young audiences with television that promotes learning through play. LITTLE GHOSTS is a co-production between TV-Loonland and its subsidiary, UK animation studio Telemagination.

Headline News Gullane And Collingwood O'Hare Partner On New Kids' Series

Gullane Entertainment has joined forces with independent animation company Collingwood O'Hare Entertainment to create a new animated preschool series called YOKO! JAKAMOKO! TOTO! UK broadcaster CiTV commissioned 52 five-minute episodes of the series. YOKO! JAKAMOKO! TOTO! is inspired by traditional Spanish, Latin American and African art and music and tells the tale of the friendship between Yoko (a bird), Jakamoko (an armadillo) and Toto (a monkey) solely through music and action.

Headline News Neptuno Films And Megatrix Join Forces To Co-Produce 2020

Barcelona-based animation house Neptuno Films and Megatrix, a Spanish kids' content multi-platform provider, have sealed a co-production deal to produce the animated series 2020. Aimed at 8 to 12 year-olds, the series focuses on the everyday life of a middle-class family in the year 2020, but the series' creators say it is an ironic reflection on what is happening now. 2020 will consist of 26 half-hours animated in Flash for broadcast on television and the Internet. The first episode will be launched in April 2002 at MipTV, and the remaining episodes are scheduled for delivery in fall 2003.

Headline News Three Canadian Studios Combine To Form SecondSun

Independent animation producer Delaney and Friends is planning to merge with 3D and interactive content providers Brainchild Studios and Furious Entertainment to create the new, publicly traded entity SecondSun Entertainment. Combining the strengths of the three Vancouver-based companies, the new venture will focus on the development, financing and production of animated TV series, direct-to-video features, TV commercials, special effects, movies and interactive games.

Headline News BRB Internacional Providing Slate Of Animated Programs To Latin American Markets

BRB Internacional's slate of animated programming will be seen in Spanish language markets in both Latin America and the U.S. BRB has signed an agreement with Venevision International, the production and distribution arm of the Cisneros Group, to distribute the BRB animation catalogue of over 700 half-hours and 20 TV movies throughout North, Central and South America, excluding Mexico.

Headline News Curious Founders Buy Back Company

Entertainment company Curious Pictures Corporation, producer of the series SHEEP IN THE BIG CITY (Cartoon Network) and AVENUE AMY(OXYGEN), has been acquired by its founders, Susan Holden, Steve Oakes, David Starr and Richard Winkler. The transaction includes the acquisition of creative services agency DCode, Inc. Both firms had been subsidiaries of iNTELEFILM Corporation which purchased a controlling interest in Curious Pictures in May 1999 and founded DCode in 2000.

Headline News Raven Moon And Hacker-Rumsey In The Works On CG Kids Show

Raven Moon Entertainment, Inc. is collaborating with Hacker-Rumsey Entertainment to develop and market a slate of three projects for television over the next two years. The first project on tap is a CG-animated kids' project called THE ICELY BROTHERS, a mix of live-action and animated characters. Hacker-Rumsey is completing the pilot and will begin domestic and international marketing in spring 2002.

Headline News Varga Kicks Off The Year With Ballerina, Bean And Bosom Pals

International animation studio Varga Holdings has begun production on 13 episodes of ANGELINA BALLERINA, a 2D animated series based on the adventures of a ballet-dancing mouse. Following the successful launch of the pre-school series in October 2001 on the UK's CITV producers HIT Entertainment/Grand Slamm have requested a further 13 episodes. Delivery is scheduled for September 2002. Varga also commenced production in January 2002 on the ANGELINA BALLERINA 44-minute direct-to-video special, which will feature the voices of Academy Award winner Judi Dench and her daughter Finty Williams.

Headline News Hornet Taps Executive Producer Michael Feder, Expands Spot Roster

Design, animation and visual effects studio Hornet, Inc., is expanding its operations in the commercial arena with the addition of several directors, designers and animators. New additions include animator and director Steve Talkowski, character designer and director Peter de Séve, director and designer Brian Koons, title designer Deborah Ross and the collective design team HONEST.

Headline News New Animation Studio Launches In Los Angeles

Animax Interactive, a new digital animation studio, has launched their Website which features samples of the companys brand of "advertainment," including animated shorts featuring celebrity voiceovers that demonstrate and explain Animax Interactives business model. The company develops and produces entertainment for existing brands using both digital and traditional animation.

Headline News Sportsblast Goes For Bardel As The Kellys’ New Animation Partner

SportsBlast, the animation development company founded by voice-actor Nancy Cartwright (THE SIMPSONS, RUGRATS), has chosen Canadian-based animation house Bardel Entertainment as its new animation partner for THE KELLYS, the animated Web series about a family of professional stock car racers. Bardels production credits include the DreamWorks films JOSEPH: KING OF DREAMS and THE ROAD TO EL DORADO, as well as work for Columbia TriStar, Disney and Fox. Bardel will provide all the visual elements for THE KELLYS second season, which begins in February 2002.

Headline News Pixar Reports Fourth Quarter Earnings

Pixar Animation Studios recently announced financial results for its fourth quarter and fiscal year ending December 29, 2001. The studios Oscar-nominated film MONSTERS, INC. helped Pixar more than double the previous quarters profits. Fourth quarter profits were $13 million, or $0.25 per share up from the $6.2 million or 12 cents per share earned for the third quarter of 2001, but down from $35.2 million, or $0.71 per share for the same period in 2000. Revenue driven primarily by the $234.2 million domestic box office receipts from MONSTERS, INC.

Headline News Millimages Gets Factual

Paris headquartered animation production and distribution company Millimages, is expanding into the factual programming business with the acquisition of a 50.1% stake in French documentary producer, Gedeon Programmes. Millimages will acquire the majority interest in exchange for Euro 1.37M (US$1.19M) in cash plus stock. In addition, Gedeon Programmes chairman Stephane Milliére will assume a position on Millimages board. Millimages chairman Roch Lener stated that the move was made as part of Millimages overall strategy for growth and development.

Headline News Xilam Animation Launches IPO

French animation studio Xilam Animation has launched its first initial public offering (IPO) on Paris Second Market (Marché dEuronext). The producers of the series OGGY AND THE COCKROACHES, SPACE GOOFS and THE NEW ADVENTURES OF LUCKY LUKE raised 15 million Euros through this IPO. The company floated 1 million shares representing 27.03% of its capital. Shares rolled out at 15 Euro. The companies founder and CEO Marc du Pontavice will retain the remaining 66.7% of the capital.

Headline News Criminal Charges Against Cinar Dropped

Troubled childrens television producer Cinar Corporation avoided criminal prosecution from tax-fraud charges brought against the company by the Royal Canadian Mounted Police (RCMP). After completing an analysis of the evidence presented, the Crown prosecutors' office claimed an investigation could not go forth. The charges stemmed from allegations back in 1999 when Cinar was accused of illegally obtaining Canadian tax credits by forging Canadian names on scripts written by U.S. citizens.

Headline News SD Entertainment Launches Interactive And Licensing Divisions

SD Entertainment, a content creator and property builder, has formed two new divisions, interactive and licensing. The divisions will be headed by Michele Martell, SDs senior vice president and general counsel. In its first licensing venture, SD will become the domestic master toy licensing agent and television representative for MAKE WAY FOR NODDY. SD has produced 100 episodes of the new CGI animated series, which is an update of the Emmy Award-winning preschool series, NODDY, based on characters created by author Enid Blyton.

Headline News Harry Potter Is Magic For EA

Led by strong sales for its HARRY POTTER game franchise, Redwood City, California-based Electronic Arts (EA) reported a net profit of $132.3 million, or 92 cents per share, compared with net earnings of $88 million, or 63 cents per share, in the year-earlier period. Excluding goodwill and other charges, the company reported earnings of $147.1 million, or $1.03 per share. Revenue in the quarter was $832.9 million, up from $640.3 million a year earlier.

Headline News HP, DreamWorks Announce Strategic Alliance

The Hewlett-Packard Company (HP) and DreamWorks SKG have entered into a three-year, multi-million dollar technology strategic alliance aimed at revolutionizing animation production. The alliance designates HP as DreamWorks' sole "preferred technology provider" for core technology purchases meaning HP will provide a broad range of products, services and integration expertise to create a new DreamWorks production facility at the Glendale campus.

Headline News Millimages Takes On Toons ‘N’ Tales

Animation producer Millimages is expanding into German territory with the acquisition of 51% of the Hamburg-based animation company, Toons n Tales. This latest acquisition follows the companys announcements in 2001 of the launch of Millimages USA, headed by Dorian Langdon, and the international distribution center, Millimages London. Toons n Tales managing director and co-founder Sunita Struck, will continue to oversee the company in partnership with Millimages.

Headline News Final Round For Final Fantasy Team

The innovative studio that brought the synthespians of FINAL FANTASY to life, is planning to close up shop. Pressure from parent company Square Co., Ltd. of Tokyo is forcing Honolulu-based Square USA into closure, if they cannot find investors between now and March 31, 2002. Square Co. ceased funding of the studio in September, and although Square USA attempted to find partners in major U.S. studios, they have not been able to procure outside funding. Although the studio hopes an investor will appear in the 11th hour, a March 31st shut down seems inevitable.

Headline News Tiger Aspect Creates Animation Division

U.K. independent Tiger Aspect Productions (TAP) has created a new animation division and upped Claudia Lloyd, former creative director of comedy and entertainment at Tiger Aspect, to head of animation. With the creation of an animation division, TAP is pursuing an active animation development slate. Currently, producer Chris Skala is developing EARTH KID, a series to be co-produced with Cartoon Pizza for the 6-12 year old age group. Lloyd would like TAP to produce only two or three mainstream or childrens and family specials or series per year.

Headline News Lucasfilm Ltd. Reorganizes

In a move to promote long-term growth of his businesses, George Lucas announced that he is bringing Lucas Digital, LucasArts Entertainment, Lucas Licensing and Lucasfilm Ltd. into one organization, as Lucasfilm president Gordon Radley leaves the company. Lucasfilm CFO Micheline Chau has been promoted to the position of chief operating officer to oversee the new unified company and to guide all of the business units.

Headline News Nelvana And Kodansha Partner

Corus Entertainments Nelvana and Japanese publisher Kodansha Ltd. have entered into a partnership to jointly develop new childrens properties. The agreement expands on their existing relationship that has produced BABARS ADVENTURES, and seen the acquisition of CARDCAPTORS and the Fox Kids program MEDABOTS. Under the terms of the three-year partnership agreement, Nelvana will be given first look on all Kodansha projects for possible co-production or acquisition of distribution rights for non-Asian countries.

Headline News Photon And GMD Team For Gadget VFX Contract

Australian visual effects companies Photon VFX and GMD have formed a strategic alliance and will begin their collaboration as joint visual effects contractors for the Disney production of INSPECTOR GADGET 2. The film, which is currently shooting on location in Brisbane, Australia, is a direct-to-video project from Disney. The eight-week shoot is will utilize Photon's motion-control services during production. Post-production is slated for completion by mid-2002.