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.

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.

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.

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.

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.

Founders Appoint Trustee. Cinar Corporation has reached an agreement in principle to settle the claims against it and certain other defendants in class actions brought in Canada and the United States. The plaintiffs have agreed to receive an aggregate US$25 million in full settlement of the claims against Cinar and such other defendants. The allocation of the settlement amount among the parties was not disclosed and the settlement is subject to approval by the courts in the United States and Quebec. In other Cinar news, company founders Micheline Charest and Ronald A.

Design studio B1 Media has moved its headquarters to a new facility in Studio City, California, more than doubling the size of its previous space, and has added several new staffers to its growing talent base. Previously partnered in multimedia company Barbed Wire, Joshua Hatton has moved to B1 as an animator involved in 2D and 3D animation and motion graphics working on DVD, broadcast design and games. Game producer Jason Friedlander joins B1 from MTV's ROAD RULES where he was responsible for developing and writing game competitions.

Portland, Oregon-based animation house Vinton Studios has acquired Denver-based Celluloid Studios, which specializes in cel animation. Vinton Studios has announced that the two companies will be combined to create a more diverse style of animation, although each studio will retain their company name. Vinton and Celluloid recently collaborated on a 4-minute advertising short for TBWA/Chiat Day’s client Nissan and their SE-R automobile launch.

Three months after stepping down as head of Cinar, Peter Moss as been appointed to the newly created position of vice president of programming for Corus Television. Beginning May 1, 2002, Moss will be responsible for enhancing programming across all Corus services by developing strategic approaches to program development, acquisition and partnerships. "Peter has an outstanding track record in both public and private television broadcasting as well as production," said Paul Robertson, president of Corus Television.

Film Roman, Inc. continues to expand, this time into the visual effects arena. The company best known for THE SIMPSONS has announced plans to acquire visual effects house VanHook Studios and to form a new visual effects division called Forum Visual Effects, to be based out of Film Roman's North Hollywood studios.