Business

Disney Channel Asia Launches In Korea

Posted In | News Categories: Business | Geographic Region: All, Asia | Site Categories: Business
ABC Cable Networks Group will be launching its Disney Channel Asia service in Korea on June 1, 2002. Korea Digital Satellite Broadcasting (KDB), Korea's first direct-to-home service provider, will carry Disney Channel's Asia service on channel 654 under its Skylife brand name. The Korean Broadcasting Commission granted Disney Channel approval as a foreign re-transmission channel early in 2002. Negotiations between KDB and Disney began in the middle of 2001 and culminated in the recent agreement.

Industry Got Game At E3Expo

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60,000 interactive entertainment professionals from more than 70 countries converged on the Los Angeles Convention Center for the eighth annual Electronic Entertainment Expo (E3Expo). According to the show's owner, the Interactive Digital Software Association (IDSA), approximately 400 exhibitors showcased thousands of new computer and video games and products, including more than 1,000 never-before-seen titles.

Sunbow And Noggin's The N To Co-Develop Kappa Mikey

Posted In | News Categories: Anime, Business | Geographic Region: All | Site Categories: Anime, Business
Sunbow Entertainment and The N, Noggin's new network for tweens, have signed a co-development deal for the anime comedy KAPPA MIKEY. Targeted at 9 – 14 year old kids, the series mixes comedy and action in a satire of anime-style animation and American cluelessness about foreign culture. The series was created by Larry Schwarz, founder of the kids entertainment company Rumpus. Sunbow’s parent company, TV-Loonland, holds the worldwide television and video distribution rights to KAPPA MIKEY.

The Little Black Book Of Visual Effects Launches Online Resource

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The editors of The Little Black Book of Visual Effects have partnered with entertainment consulting company Razorview, Inc. to launch lbbvfx.com, an online resource for the visual effects community. The print version of The Little Black Book of Visual Effects currently lists approximately 4,900 qualified visual effects professionals, all of whom are now part of the online resource. All new applicants to lbbvfx.com are provided with a basic listing for free as long as they have verifiable credits and references.

Corus Does The Locomotion

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Canadian-based media company Corus Entertainment Inc. has acquired a 50% interest in pay television network Locomotion, an animation channel available in over 7 million homes throughout Latin America and Iberia. Corus announced it purchased the interest in Locomotion from the Claxson Interactive Group, Inc., for a maximum consideration of US$10.5 million and a holdback in the event of certain economic changes that may impact revenue projections. The remaining 50% interest in Locomotion is held by U.S.-based communications giant the Hearst Corporation.

Pixar Posts High First Quarter Revenues

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Pixar Animation Studios had a "monster" first quarter as the success of MONSTERS, INC. gave the company higher than expected revenues. For the quarter ended March 30, 2002, Pixar earned $15.6 million or $0.30 per diluted share. These results compare to earnings of $8.3 million, or $0.16 per diluted share, achieved in the year-ago quarter.

DIC Opens European Headquarters In Paris

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In addition to the recently announced deal with Nickelodeon, DIC Entertainment is undertaking a major expansion into Europe with the opening of a European operations headquarters in Paris. Leslie Nelson, former managing director of international sales for BKN, has been appointed managing director of European operations for DIC and will be responsible for sales, marketing, licensing, co-productions and all other ancillary businesses in the major European territories.

Nexus And FilmTecknarna Forge Alliance

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Formalizing an existing three year relationship, London-based animation producer Nexus Productions has entered into a representation deal for commercials and music promos with Swedish animation studio FilmTecknarna. Over the past three years the two companies have worked together on various projects including the award-winning Boddington's campaign. Nexus will exclusively represent FilmTecknarna for the UK and France.

Sony Pictures Establishes Feature Animation Unit

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Fresh off the record-breaking success of the effects-heavy feature film SPIDER-MAN, Sony Pictures Digital Entertainment (SPDE) has announced they will form an all CG feature animation division, to be headed by former DreamWorks executives Sandra Rabins and Penney Finkelman Cox. Rabins and Cox will be responsible for the development and production of all-CG animated features and will report to SPDE president Yair Landau.

Toon Factory Finds New Production Partner

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After finding a new co-production partner, French animation company Toon Factory has started up production again on two new series. The production of the 52 x 13-minute animated series HOW TO CARE FOR YOUR MONSTER and the 52 x 13-minute series KID CLONES IN SPACE, had been interrupted after the withdrawal of bankrupt co-pro partner Luxembourg's Neuroplanet. HOW TO CARE FOR YOUR MONSTER is now scheduled to broadcast in September 2003 by French partner TF1, while production on KID CLONES IN SPACE will start by the end of 2002.