Business

Animation Stock Ticker For Tuesday, October 3, 2000

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AWN's stock ticker features the most prominent publicly traded companies in the world of animation. AWN, Inc. makes available certain financial information from third party information providers. AWN does not give advice in any such fields, and has not reviewed, and in no way endorses the validity of such data. This information is provided solely as a means to keep our readers informed of the market performance and trends of certain companies. AWN strongly suggests that one seek advice from a competent professional regarding any investment or financial issues.




MIPCOM Preview: The World Converges On Cannes

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MIPCOM, the International Film and Programme Market for TV, Video, Cable and Satellite, hits Cannes, France on October 2 – 6, 2000. MIPCOM facilitates programme sales, deals, new contacts and joint ventures on a global basis. MIPCOM includes a five-day TV industry tradeshow, including a conference progamme on Television in the New Economy called MIPCOM: The International Trading Floor. MIPCOM brings together producers, distributors, broadcasters, Webcasters, worldwide cable and satellite operators, buyers, co-producers and investors from around the globe.

Sony Cuts Holiday PlayStation 2 Orders By Half

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Due to microchip shortages, Sony has decided to cut its October 26, 2000 U.S. shipment of PlayStation 2 next generation gaming consoles by half. However, Sony states that this delivery change will not affect the projected amount of units in North America by the holiday season. 500,000 consoles will ship to 20,000 stores in North America then Sony will roll out 100,000 units each week thereafter. "We will be able to supply a flow of products, instead of a huge initial spike," said Kaz Hirai, COO of Sony.

German Helkon Media Buys Dutch Rubinstein Media

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German production/rights buyer Helkon Media has acquired a 51% share in Dutch animation and merchandising house Rubinstein Media. Rubinstein founder and CEO Maurits Rubinstein will remain as head of the company. This move comes on the heels of Rubinstein and Helkon subsidiary Peppermint’s formation of a 50-50 joint children's television animation house entitled, Pepperkids.

Fox & Saban Sue Universal Over X-Men Videos

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Alleged plans by Universal to release as many as 65 episodes of the original X-MEN animated series on video has landed them in court. Saban Entertainment Inc. and Fox Children’s Network have filed suit against Universal Studios Home Video in an attempt to block the release of the videos and DVDs. The suit claims that, Universal has the right to produce one video containing three episodes of the X-MEN series per broadcast season in the U.S. and holds only international rights to the entire 65-episode library.

ZDF Enterprises Launches New Media Subsidiary

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ZDF Enterprises has announced the creation of a new subsidiary, ZDF.new media. Based in Mainz, Germany, ZDF.new media will be run by recently appointed Peter Lang, president of marketing and sales, and Dirk Max Johns, president of content and multimedia products. The duo, with a staff of ten, will develop and grow the company’s Websites www.zdf.msnbc.de and www.adf.de. "The foundation of ZDF.new media marks an important milestone for the future development of the ZDF-Group," said Alexander Coridass, president of ZDF Enterprises.

Cartoonists’ Union Ratifies Contract

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Despite a negative recommendation by the negotiating committee, the members of Motion Picture Screen Cartoonists and Affiliated Optical Electronic and Graphic Arts, Local 839 IATSE, have ratified a new collective bargaining agreement. The contract includes higher increases in minimum rates (8% in the first year, 4% in the second year, 3% in the third), higher health and pension contributions for freelance animation writers and storyboard artists, and a new framework for screen credit arbitration.

Foresight Marketing Forms New Animation Studio

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Foresight Marketing & Design Ltd., a marketing and consulting firm in Eastern Canada, has recently created a new division, Foresight Animation Studio. The toon house offers traditional animation and graphics as well as other creative services like Website design. Animation director Roger Foucault (also the creative director of Foresight's marketing firm) brings full traditional and classical animation training skills to the studio and hopes to see their company establish long-term business relationships with others. For more information contact Foresight at: P.O.

ASIFA International Selects New Board

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In conjunction with the Ottawa International Animation Festival, ASIFA held its general assembly and the election of its new executive board. Abi Feijo of Portugal was voted president and said that ASIFA is at a turning point where he hopes to redefine ASIFA`s goals and priorities. Marco de Blois (Canada), Sayoko Kinoshita (Japan), Andy Wyatt (United Kingdom) and Antran Manoogian (USA) were voted in as vice presidents. Vesna Dovnikovic of Croatia will serve as secretary general and Pierre Azuelos of France as treasurer.

Canadian Writers Guild Adds Toon Scribes Under Coverage

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The Writers’ Guild of Canada (WGC) has finalized a new two-year collective bargaining agreement with domestic producers, which now covers animation scribes. This conclusion ends 18-months of negotiation between the WGC, Canadian Film and Television Production Association and its Quebec counterpart, l’Association des Producteurs de Films et de Television du Quebec (APFTQ). The new Independent Production Agreement (IPA) sets out minimum workplace requirements for Canadian film and TV writing. The long unprotected Canadian animation writer is finally covered under the new plan.