With HOW TO TRAIN YOUR DRAGON underperforming compared to DreamWorks Animation’s last feature MONSTERS VS. ALIENS, the company’s stock fell 8% on Tuesday, March 30th, according to THE HOLLYWOOD REPORTER.

Legendary Pictures has picked up the rights to Toho Co.’s classic movie monster Godzilla, reports HEAT VISION.

Sofia Vergara, the sexy Colombian actress from TV’s MODERN FAMILY, has been cast in Sony’s THE SMURFS, reports HEAT VISION.

Custom Film Effects, a long-time provider of visual effects services for feature films, handled all of the visual effects and animation work for "Diary of a Wimpy Kid," a mostly live-action adaptation of the first book in Jeff Kinney's illustrated kids' novel series.

Amid rumors that Santa Maria-based visual effects studio CafeFX is shutting down, CEO Jeff Barnes released the following statement to explain recent downsizing and cost-cutting measures.

VARIETY reports that Sony Pictures is developing a CG-animated POPEYE in 3-D, to be made by Sony Pictures Animation, with Imageworks handling the CG.

Aardman Animation is teaming up with Korean animation house Voozclub and Spain's Screen 21 to produce the children's property, CANIMALS, reports VARIETY. Aardman will head up the writing of the 52 seven-minute episodes, as well as the voicing. Voozclub and Screen 21 will handle design, animation and sound production.

For the third straight weekend, Tim Burton's ALICE IN WONDERLAND has topped the weekend box office.

It was announced today at a press conference in Helsinki that Stellan Skarsgard (“Good Will Hunting”, “Mamma Mia!”, “Angels & Demons”), Peter Stormare (“Fargo”, “Bad Boys II”, “The Imaginarium of Dr. Parnassus”) and Alexander Skarsgard (“True Blood” “Zoolander” “Beyond the Pole”) have signed on to voice the iconic MOOMINS characters in the animated family 3D feature MOOMINS AND THE COMET CHASE.

VARIETY reports that the Indian government will form the National Center of Excellence in Animation, Gaming and Visual Effects in Mumbai, announced by Ambika Soni, the minister of information and broadcasting.