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Headline News Funkmation Floats Into Brooklyn Navy Yard

Funkmation Studios, an animation house providing services for film,

television, CD-Rom and the Web, has floated into a new home in Brooklyn's

Navy Yard. The animation house will share the new space with New York

Studios' film and television sound stage. Funkmation's credits include:

SABRINA THE TEENAGE WITCH CD-Rom; storyboard and background design on

COURAGE THE COWARDLY DOG; Flash animation on Partner Re's screen savers;

and a 2D animation pilot with C&C Films entitled MAXIMUM BLACK. The new

Headline News Disney's Go.com Goes In A New Direction

On Thursday, January 27, 2000, Disney announced their decision to change

the direction of their Go.com from an all purpose portal and search engine

like AOL.com, Lycos and Yahoo! to strictly an entertainment and leisure

destination. This announcement comes on the same day as The U.S. Court of

Appeals for the Ninth Circuit repealed the stay [AF 12/7/99] on a previous

injunction that bans the use of Go.com's green and yellow traffic light

logo. Disney was given the stay to allow them the chance to remove the logo

Headline News CINAR Settles Wimzie Lawsuit

CINAR Corporation, makers of ARTHUR and THE BUSY WORLD OF RICHARD SCARRY,

have settled the lawsuit filed last year against them by the Jim Henson

Company. The lawsuit claimed that CINAR's WIMZIE'S HOUSE features puppets

that violate Jim Henson's copyright and trademark rights on their puppets.

In the settlement, CINAR and its licensees Eden LLC and Carson-Dellose

Publishing Company denied and continue to deny wrongdoing or liability for

infringement. The agreement, the terms of which are confidential, allows

Headline News "Independent" Disney's First Quarter Results

By Rick DeMott | Wednesday, January 26, 2000 at 12:00am

The Walt Disney Company has announced its financial results for its

operations excluding its Internet business, GO.com. Disney pro forma

diluted earnings per share excluding GO.com were $0.25 for the quarter

ended December 31, 1999, a 9% increase over the prior year. Disney revenues

increased 5% to $6.8 billion and operating income increased 8% to $1.1

billion. Excluding the retained interest in GO.com, net income increased 7%

to $515 million. Broadcasting results for the quarter were driven up by

Headline News digitalcharactergroup Celebrates First Anniversary

By Rick DeMott | Wednesday, January 26, 2000 at 12:00am

SOUTH PARK producer David Niles White and SPACE JAM's producer Ron Tippe

are celebrating the first year anniversary of their digital animation

house, digitalcharactergroup. Previously White was the vice president of

digital animation at Film Roman. Working in the industry for over 20 years,

White has designed the multi-media projects that have brought Mattel's

Barbie to life and played a key role in bringing SOUTH PARK to the small

screen. The 27-year industry vet, Tippe, produced Disney's Academy

Headline News Outlook 2000 For Acclaim

Acclaim Entertainment Inc., a leading worldwide developer, publisher and

mass marketer of software for use with interactive entertainment, reported

its results for the first quarter of fiscal 2000 ended November 30, 1999.

Net revenues for the quarter were $101.2 million, compared with $104.8

million in the first quarter of the prior year. Net earnings for the

quarter were $0.4 million, or $0.01 per diluted share, compared with net

earnings of $10.3 million or $0.16 per diluted share for the same period in

Headline News New Visual To Impact The Web

New Visual Entertainment, Inc., a 3D production company specializing in 3D

product development and distribution for special venue theaters, home

video, broadcast, and theatrical markets, has announced its completed

acquisition of Impact Pictures, Inc., a small San Diego-based multi-media

production house specializing in Web animation, streaming media and

high-end CD-ROM corporate presentations, in a stock for stock transaction.

New Visual plans to utilize the creative hardware and staffing assets of

Headline News Disney's Imagine Finds New Home At Fox

By Rick DeMott | Wednesday, January 19, 2000 at 12:00am

Imagine Television, the makers of THE PJS, is leaving Disney for its new

home at Fox. The three-year collaboration between the small screen arm of

production house Imagine Entertainment and 20th Century Fox Television will

take effect at the end of April 2000. Worth up to $30 million, the deal

also includes a two-year option extension. Imagine TV had been based at

Walt Disney Television since it was formed in 1997 by Imagine Entertainment

Headline News Disney Channel With A Latin Touch

By Rick DeMott | Wednesday, January 19, 2000 at 12:00am

On Friday, January 14, 2000, Walt Disney International-Latin America

announced the launch of the Disney Channel Latin America and an exclusive

satellite television distribution agreement with Galaxy Latin America, LLC

for DIRECTV service in Spanish-speaking Latin America. "Launching the

Disney Channel in Latin America in 2000 is an exciting initiative for the

Walt Disney Company," said Diego Lerner, president and managing director,

WDI-Latin America. "As we have in other parts of the world, we will now

Headline News Mill Film & Magic Camera Morph Into One

In December 1999, Mill Film announced that they united operations with

sister company Magic Camera. The combination will create a formidable

start-to-finish London-based feature film facility mixing Mill's visual

effects talent and technical strengths with the digital effects, miniature

construction and photography of Magic Camera and Magic Models. Antony Hunt

will serve as managing director of Mill Film and will take charge of day to

day operations of the combined companies. Hunt has been at the helm of

Headline News Santiago Studios In Search Of U.S. Co-Prod.

Several animation studios in Santiago, Chile, including Arce Studios, EMU

Ltd., ROOS Film S.A., and Trimedia S.A. have formed a partnership to

promote the animation business in Santiago. The partners are looking for

co-producers and/or investors for their products. Alvaro Arce, President of

Arce Studios, worked in the animation industry in the United States for

many years at Hanna-Barbera, The Walt Disney Company, and others. Alvaro

has several original series currently in development. Arce Studios is now

Headline News AOL & Time Warner Merge Into New Media Giant

On Monday, January 10, 2000, America On-line, the leader in on-line

services, has announced their acquisition of Time Warner, the world's

largest media and entertainment company. Valued at approximately US$180

billion, the stock for stock merger is what will be the biggest corporate

merger ever. America On-line's chairman and chief executive, Steve Case

will serve as chairman of the merged company entitled AOL Time Warner. AOL

and Time Warner will each name half of the board of directors of the new

Headline News Holland's ComicHouse Moves Into The Wild

Over the holiday break Holland-based ComicHouse started its move to a new

home. After spending fifteen years in Amsterdam, the animation house has

taken root in Holland's largest nature reserve "DeVeluwe." The new base of

operations will give ComicHouse the needed workspace and client

accessibility that was lacking in the confines of the city. The company

will re-open again in Ooserbeek on January 10, 2000. For more information

contact ComicHouse at: Stationsweg 20, 6861 EH Oosterbeek, The Netherlands;

Headline News Disney Delivers Strategy 2000

Disney's CEO Michael Eisner delivered a four-part strategy for improving

the entertainment giant's slumping fiscal achievements. The Y2K plan

includes agressively attacking trouble spots, squeezing more profits out of

exsisting businesses, expanding those current businesses' affairs and

continuing development of new products. The seemingly Business 101 strategy

also includes annual savings of up to $300 million from changes in

purchasing. Eisner said cost-cutting efforts in live-action film production

Headline News Nelvana Goes Public With $40M Deal

Nelvana Limited has announced a deal with Public Broadcasting Service (PBS)

to produce the network's first Saturday morning children's cartoon block.

The deal is worth approximately US$40 million. Nelvana will produce six

book-based children's series for the U.S. public network's Fall 2000

season. The multi-year deal will also include the commission of a minimum

of two of the six series for weekly runs featured in PBS KIDS. Licensing

rights for at least four of the six character brands will be mainly handled

Headline News LOCONTE upgrades to LOCONTE.2.

Maria LoConte has launched her upgraded

visual strategies company, LoConte.2 (L.2). Formerly LoConte co-headed

Boston-based LoConte Goldman Design, Inc. with former partner Patrice

Goldman. After parting ways with Goldman and closing their company, LoConte

designed the new L.2 group dedicated to high-end visual solutions for

television and advertising. The company will be based at the National

Boston facilities. National Boston is one of the largest production and

Headline News Macromedia completes acquisition of Andromedia

By Rick DeMott | Wednesday, December 29, 1999 at 12:00am

Early in December 1999, Macromedia, a leader in digital and Internet software, announced it had completed its acquisition of Andromedia Inc., a leading provider of eMarketing software solutions for e-commerce. Macromedia previously announced a definitive agreement to acquire Andromedia on October 7, 1999. As part of the merger, Macromedia will obtain all of the outstanding stock in Andromedia. The company will issue 5.2 million shares of stock in connection with the deal and will incur one-time charges from the merger of up to $5 million in its fiscal third quarter.

Headline News A split decision for Net MTV

On Monday, December 20, 1999, MTV Networks,

the music/entertainment cable television and Internet business, announced

it would split its Net company into two separate groups. MTV Networks

On-line will be divvied up into the MTVi Group, which includes VH1.com,

MTV.com and SonicNet.com, and Nickelodeon On-line, which includes nick.com,

nickjr.com, tvland.com, nick-at-night.com, gas.nick.com, teachers.nic.com

and redrocket.com. "Executives in the past have stated that both companies

Headline News Quebec Animation Makes Quite A Team

By Rick DeMott | Wednesday, December 22, 1999 at 12:00am

Twenty 2D/3D animation and special effects companies from Quebec, Canada

have formed a union in order to better promote the award winning work done

in the region. Called Quebec Animation, the association is supported by the

Quebec Minister of Industry and Commerce, the Quebec Minister of

Communications and Culture, the Quebec Minister of International Relations,

the Montreal Bureau of Cinema, and the Canadian Service Center in

Multimedia Applications (CESAM). The association sets up a focal point for

Headline News AtomFilms Attracts $20 Million

Monday, December 13, 1999, AtomFilms, a leader in next-generationentertainment, announced that it has inked a deal with investors totalingUS$20 million in financing. This signing marks the end of a second round ofstrategic financing led by Chase Capital Entertainment Partners LLC andChase Capital Partners, and joined by Arts Alliance, Frank J. Biondi Jr.,general partner at WaterView Partners and former chairman and CEO ofUniversal Studios, Intel Corp., and Trans Cosmos USA Inc. "This round of

Headline News Web Disney Dumps $1 Billion

Disney's Internet arm Go.com has announced a loss of $1.06 billion infiscal 1999. Disney's Web division was formed three months ago to combineits Internet search engine Go.com, a co-venture with Infoseek, withDisney's other online assets, which includes ESPN.com, Disney.com andABCNews.com. The loss, which includes $956 million in depreciation andamortization expenses, widened from a loss of $991 million a year earlierand includes all of Go.com's new-media properties. Much of the negative

Headline News Olive Jar Opens In LA

Boston-based Olive Jar Studios, Inc., an animation, special effects andtheme park attraction production house, has opened a branch in Los Angeles,California, U.S.A. The new west coast facility will house both stage andproduction space. Olive Jar specializes in film techniques that includemixed-media, stop-motion, CGI, cel, drawn, and live-action/special effects.Executive producer Matthew Charde said, "Our presence in Los Angeles willbe a tremendous asset to the business since we will be more fully able to

Headline News Wild Brain Child on the Net

Wild Brain, Inc., a leading U.S. animation studio, has brought to theever-expanding club its new child, wildbrain.com. The new Web channel willbroadcast animation from around the globe and will be the feature providerof animation on Yahoo! Broadcast. In the deal, Yahoo! will provide Websolutions for Wild Brain's video animation programming, which is availableon wildbrain.com as well as Yahoo! Broadcast. wildbrain.com will debut withGLUE, an Internet exclusive toon featuring the adventures of a town full of

Headline News New Nirvana for Nelvana & RTV

Toronto-based Nelvana Limited, an integrated family entertainment company,has formed a multi-layered partnership with German-based production houseRTV Family Entertainment AG, a leader in children's programming in Germany.The agreement includes a significant distribution deal for current andlibrary programs and a 3-year deal for future productions andco-productions. Through the deal, RTV will bring Nelvana's library of showsto TV, home video, and merchandising venues across Germany, Eastern Europe,

Headline News A New Vivid Animation Studio

By Rick DeMott | Wednesday, December 8, 1999 at 12:00am

Vivid Animation, a new high-end CGI animation studio specializing insophisticated digital characters and animated effects for commercials andinteractive media, has been formed by Jeff Lotman, CEO. "Vivid Animationopens its doors with a trio of world-class digital animators as itscreative nucleus," said Lotman, CEO. This nucleus, all of whom come fromsenior positions at Digital Domain, includes Animation Supervisor, StephaneCouture, Digital Effects Supervisor, Gonzalo Garramuno and Vivid

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