Business

Nicktoons TV Launches On AT&T Digital Cable

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Nicktoons TV, the newly launched 24-hour network devoted to Nickelodeon animation, will be available on AT&T Digital Cable beginning July 1, 2002. The channel offers an ongoing mix of current and past Nicktoons such as SPONGEBOB SQUAREPANTS, THE FAIRLY ODDPARENTS, THE WILD THORNBERRYS, THE REN AND STIMPY SHOW, DOUG, RUGRATS and AHHH! REAL MONSTERS. In addition, Nicktoons TV will feature acquired Warner Bros. contemporary classics such as PINKY AND THE BRAIN, TINY TOON ADVENTURES and ANIMANIACS.

Film Roman And Mongadillo Studios Swim With Shawks

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Film Roman, Inc. has announced an agreement with Portland, Oregon-based animation house Mongadillo Studios to develop the original web cartoon SHAWKS into a television series. SHAWKS details the struggle of four eight year olds to rid the world of its most evil foe -- sharks masquerading as people.

Disney Channel Asia Launches In Korea

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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.

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

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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.

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.

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.