Warner Bros. Pictures, the China Film Group and the Hengdian Group have partnered on a joint venture, Warner China Film HG Corp., to create films and television programs for the Chinese market, reports HOLLYWOOD REPORTER. The venture is the first with the People's Republic of China and a U.S. company to create filmed entertainment.
IDT Ent. announced the launch of New Arc Ent., a film production company producing live-action feature films and animated movies in the supernatural/thriller/action genre. New Arc is committed to producing multiple live-action features, several animated films and one animated series within its first 15 months of operation. John W. Hyde, coo of IDT Ent., will manage the new company.
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.
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.
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."
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
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.
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.
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.
According to TrendWatch, studio owners allocate nearly one-fourth of their new capabilities budget for software apps and add-ons.
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.
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.
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.