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Animation Headline News

Lucasfilm Launches Lucasfilm Animation Singapore

Lucasfilm Ltd. has announced that it has established Lucasfilm Animation Singapore, a digital animation studio designed to produce digital animated content, including films, television and games for global audiences. Gail Currey, vp/gm of Lucasfilm Animation, will lead the Singapore-based creative team. The other investors in the venture include EDB Investments Pte Ltd. and Creative Technology Ltd.

Planeta Headline News

Planeta Junior Expands into Italy

EM.TV AG and DeAPlaneta have expanded their joint venture, Planeta Junior from Spain and Portugal, into Italy, through the Italian media group DeAgostini, which holds a 50% share in DeAPlaneta, together with the Planeta Group. With the marketing expertise of DeAgostini in Italy, the partners intend to make Planeta Junior one of the leading players in the Italian market.

Work Headline News

JibJab In Legal Trouble over This Land Song

Evan and Gregg Spiridellis have been making political cartoons since the inception of their of JibJab Media, but their newest short set to the tune of Woody Guthrie's classic song, "This Land Is Your Land" has garnered them worldwide fame and legal troubles. The film, which has President George W. Bush and his opponent Senator John Kerry exchanging insults, has spurred legal action against JibJab from Ludlow Music, who owns the copyright to Guthrie's tune.

Animation Headline News

New WGAw Organizer to Help Toon Writers

The Writers Guild of America West has hired veteran labor organizer David J. Young as its director of organizing with a mandate to expand the guild's coverage in reality TV and animation more, reports VARIETY. Young will replace Gerry Daley, who has served in the position since the summer of 2002.

Million Headline News

DreamWorks Animation Financial Records Revealed

As part of DreamWorks plans to go public with its animation unit, the company had to open its financial books to the public for the first time.

It was disclosed that Jeffrey Katzenberg did not receive any compensation from the studio in 2003. Yet, he will receive stock options worth an estimated $20.5 million when IPO goes forth.

DreamWorks' coo Ann Daly earned $1.5 million and 30,000 stock options in 2003. General counsel Katherine Kendrick took home $550,000 plus 25,000 shares and cfo Kristina Leslie landed $300,000 plus 10,000 options.

Dreamworks Headline News

DreamWorks Animation IPO Official

DreamWorks Llc and its animation division, DreamWorks Animation Inc., announced that DreamWorks Animation, Inc. has filed a registration statement with the Securities and Exchange Commission for a proposed initial public offering of its Class A common stock. Goldman, Sachs & Co. and J.P. Morgan Securities Inc. are serving as joint book-running managers of the offering.

Animation Headline News

Cecropia Creates New Animation Studio In Orlando

Cecropia Inc., a Boston-based game developer, has formed a new animation production studio in Orlando, Florida, that will focus on creating the quality artwork and animation for the company's new interactive game. Cecropia has recruited industry veterans in the region including Walt Disney Feature Animation alumni.

Time Headline News

FUNimation Launches Our Time Family Ent.

FUNimation Productions, Ltd., one of the leading independent home video entertainment and brand management companies in the U.S., has created Our Time Family Entertainment, a new division developed to provide high quality entertainment properties to the burgeoning preschool and children's market.

Headline News

Chinese Toon Center Set to Open

The National Center of Animation and Computer Games will open on July 27, 2004 at East China Normal University in the city, reports SHANGHAI DAILY. The Cultural Research Center of Chinese Academy of Social Sciences and Shanghai Broadband Television Corp. invested 10 million yuan (US$1.2 million) in the center to encourage more domestic production.

"As the birthplace of the Chinese film and cartoon industry, Shanghai won the right to have the center over cities like Beijing, Shenzhen and Chengdu," said Tong Zuguang, vp of East China Normal.

Marvel Headline News

Marvel Sues Disney

Marvel Enterprises has sued the Walt Disney Co. and ABC Family (formerly Fox Family) for at least $16 million, which it claims it is owed on the cartoons it licensed to Fox Family, which Disney acquired in 2001, reports VARIETY. As part of the suit filed July 15, 2004 in L.A. Superior Court, Marvel argues that Disney improperly accounted for profits on animated series THE INCREDIBLE HULK, X-MEN AND SPIDER-MAN and failed to promote the shows. In the complaint, Disney claims the toons lose money, but will not provide proper accounting.

Disney Headline News

Walden Media Moves From Mouse to Fox

Philip Anschutz's Walden Media has left Disney for Fox, reports VARIETY. The AROUND THE WORLD IN 80 DAYS producer will team with Fox on five features, including Kate DiCamillo's BECAUSE OF WINN-DIXIE (due for release January 2005); Katherine Paterson's BRIDGE TO TERABITHIA; Lois Lowry's THE GIVER; Wendy Orr's NIM'S ISLAND; and Adam Mortimer's as-yet-unpublished comicbook proposal BIBLIONAUTS. Unlike the past Disney deal, the Fox agreement is neither exclusive nor constrained by time limits.

Animation Headline News

Brain Zoo Studios Outgrows Office

Brain Zoo Studios, a leading character animation company for film and videogames, is re-locating its offices to a new, 5,500 square-foot building in Van Nuys, California, that will allow Brain Zoo to triple in size and bring on additional 20 team members to double its staff.

The new facility is wired with Cat 6 and a fiber optic network for heavy data management for feature, television and gaming projects.

Japan Headline News

Japan Gives Cash-Strapped Toon Houses Cash

In an effort to help its local industry produce another global sensation, the Japanese government is offering financial support to cash-strapped animation houses, reports THE JAPAN TIMES.

Anime imports into the U.S. has grown from 23 in the 1980s to 42 in the 1990s and has already reached 40 during the four years through 2003, according to a survey by the government-affiliated Japan External Trade Organization (JETRO). The organization also found that the anime market in the U.S. is worth $4.36 billion, which is 3.2 times the value of Japanese exports of steel products.

Junior Headline News

EM.TV Acquires Rest of Junior Library

EM.TV has finalized its E13.5 million acquisition of Kirch Media's remaining 50% of their jointly held Junior TV program library, and settled outstanding legal and licensing issues plus all mutual claims with the bankrupt Kirch.

EM.TV's management is also seeking $158 million in financial damages "out of and, if necessary, in court" from EM.TV founder Thomas Haffa and his brother, ex-cfo Florian Haffa, plus former executive and supervisory board members. EM.TV accuses them of improprieties centering around the 2000 acquisition of a stake in Formula One racing.

Animation Headline News

WGA/IATSE Reach Animation Writers Deal

The Writers Guild of America West reached an agreement with IATSE Local 839 Animation Guild requiring producers to tell animation writers whether a prospective job falls under the WGA agreement or the producers contract.

some animation writers found out too late that they were working on a Local 839 show they had assumed was covered by WGA terms and lost their position to negotiate for higher wages and health care benefits before taking the job.

Disney Headline News

Disneyland Gives Job Boost to Hong Kong

Hong Kong Disneyland is expected to create 18,000 jobs, including 5,000 before opening of the theme park, it was reported in THE STANDARD in China. The park is expected to open by late 2005 and give a tourism and employment boom to the former British colony.

Headline News

DAZ Buys 3D Bryce Package

DAZ Prods. has acquired Bryce, Corel's award-winning 3D landscaping and animation package.

Widely used by designers seeking to integrate 3D technology into their creative workflow, Bryce complements existing DAZ software packages and further strengthens DAZ's presence in the digital graphics market.

Design Headline News

V12 + Panopoly Pictures design = Full Circle

V12 and Panopoly Pictures are merging their respective design and production departments to form Full Circle, a the new company that will provide live-action production, branding motion graphic design and animation to clients in the feature film, commercial and broadcast arenas. Leading the joint venture are V12 founder David Hwang and Panopoly Pictures co-founder Kathryn Peaslee.

Dark Headline News

Image & Dark Horse Team on Distribution Deal

DVD producer/distributor Image Ent. and comicbook-based media company Dark Horse Ent. have partnered to produce and distribute live-action and animation genre movies, music and other entertainment programming. John Landis has signed on to write and direct a horror film for the jointly owned Dark Horse Home Ent., whose film will initially be direct-to-DVD films. In addition, Bruce Campbell and novelist and graphic novel writer Neil Gaiman have agreed to be involved in several upcoming productions.

Games Headline News

350 Out of Play at VU Games

In its turnaround plan to improve operating effectiveness, Vivendi Universal Games (VU Games) eliminated 350 staff positions in its North American based operations. The company's Blizzard Entertainment studio was not part of the reduction.

"Restructuring the organization and reducing our cost base are necessary to improve our operating effectiveness and profitability," said VU Games ceo Bruce Hack. "This constitutes another important step in our turnaround plan aimed to better position the company for growth."

Headline News

IDT Pumps Up Sales/Distribution Arm

A few months ago Rick Mischel, ceo of Mainframe Ent., alluded to AWN that a sales/distribution entity would be in place soon for IDT Ent. and now that has become a reality. IDT Ent. has formed IDT Ent. Sales (IDTeS) a new company responsible for the worldwide distribution of content from its companies, as well as third-party producers. IDT Ent. companies include Anchor Bay Ent., Manga Ent., DPS, DPS/Film Roman, Mainframe Ent. and DKP Effects.

Headline News

Alias Acquisition Completed

Accel-KKR, the Ontario Teachers' Pension Plan and Alias management announced the completion of the acquisition of Alias from SGI for $57.5 million. Accel-KKR is a technology-focused private equity firm and Teachers' is one of Canada's largest pension plans with net assets of more than $75 billion CDN.