Mike Darnell, President of Alternative Entertainment for Fox Broadcasting Company, announces that he will be departing the network at the end of June.

New York Times bestselling author Cornelia Funke teams with Mirada Studios to create groundbreaking literary iPad App for MirrorWorld book series.

Just in time for this weekend’s Indy 500 race, 20th Century Fox releases an ad for an energy drink endorsed by Guy Gagne (voiced by Bill Hader), the famous race car driver in DreamWorks Animation’s forthcoming Turbo.

Visual effects house Method Studios announces the appointment of Chris Webb as Executive Producer of Method Chicago.

The Manhattan Edit Workshop announces an all-star lineup for the “Inside The Cutting Room: Sight, Sound and Story” event on June 8th, including LOOK Effects' Jeff Wozniak.

Pixar announces the soundtrack for “Monsters University” featuring music from composer Randy Newman and Axwell & Sebastian Ingrosso of Swedish House Mafia.

Visual effects, design and content company Gravity announces the formation of a new division, SCOUT, with the hire of three former Süperfad NY execs.

Trunk Animation’s Alasdair + Jock help Land Rover USA to make a 'thank you’ film, celebrating their 1 million fans on Facebook.

Digital Domain helps create the trailer for Activision and Bungie’s highly anticipated videogame, Destiny, in a 60-second spot directed by Jon Favreau and starring Breaking Bad’s Giancarlo Esposito.

Hasbro officially announces the expansion of the My Little Pony brand with new property “Equestria Girls,” which recasts “My Little Pony Friendship Is Magic” characters as human high-school students.