Business

Mmmm… Cereal

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Kellogg USA and Fox Licensing and Merchandising (Fox L&M) have created two limited-edition cereals featuring THE SIMPSONS. Kellogg's Bart Simpson Peanut Butter Chocolate Crunch and Kellogg's THE SIMPSONS Homer's Cinnamon Donut Cereal are now available nationwide for a limited time at a suggested retail price of $2.49 per box.

Sega And THQ Announce Multi-Title Co-Publishing Agreement

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THQ Inc. and Sega Corporation have entered into an exclusive, multi-title co-publishing agreement under which THQ will co-publish 16 Game Boy Advance titles featuring Sega brands in North America through 2003. The launch will begin with six titles released through March 2002. The agreement provides Sega with greater exposure on the Game Boy Advance platform as it transitions exclusively to software publishing and provides THQ with content to help solidify its position as a leading independent Game Boy Advance publisher.

Vivendi And Interplay Make A Deal

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Vivendi Universal Publishing (VU Publishing) and Interplay Entertainment Corp. have entered into a North American distribution agreement which grants VU Publishing the exclusive rights to distribute Interplay's PC and video game console products through 2003 with the exception of NEVERWINTER NIGHTS. The first titles expected to be released under the distribution agreement will be BALDUR'S GATE: DARK ALLIANCE and GIANTS: CITIZEN KABUTO for the PlayStation2 computer entertainment system. These titles are scheduled for release in fall 2001.

Activision Announces Acquisition Of Treyarch Invention

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Activision, Inc. has acquired Treyarch Invention, LLC., a leading console software developer with a focus on action and action-sports video games. The acquisition further enables Activision to implement its multi-platform development strategy by bolstering its internal product development capabilities for the next-generation console systems, strengthening Activision's position in the action and action-sports genres.

Final Fantasy’s Square Company Has Its Ups And Downs

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As reported on October 4, 2001 by THE HOLLYWOOD REPORTER, Square Company Ltd., warning of losses of up to 13.9 billion yen (USD $115M) for the year's first half from weaker-than-expected revenues from its feature film FINAL FANTASY: THE SPIRITS WITHIN, had ceased funding of their Honolulu-based studio Square Pictures. Allowed to continue operations, Square Pictures has indicated that they will continue to develop CGI projects with funding from other studios, and plans to possibly develop a FINAL FANTASY sequel or prequel.

Burger King Makes Whopper Deal With Dreamworks And Nickelodeon

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Burger King Corporation announced that it will greatly enhance its alliances with two entertainment industry companies, DreamWorks SKG and Nickelodeon. Burger King Corporation's new strategic alliance with DreamWorks encompasses five theatrical animated releases, starting with SPIRIT: STALLION OF THE CIMARRON, DreamWorks next animated feature release scheduled for Memorial Day weekend 2002, and first rights to all future live action, television, music and home entertainment properties.

Infogrames Announces Financial Results For Fiscal 2001

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Infogrames, Inc., a global publisher of interactive entertainment software, has announced operating results for its fiscal year ended June 30, 2001. Full-year net revenue, which includes publishing and distribution revenue, was $310.5 million or virtually even with full-year net revenues of $313.2 million for the prior year. Publishing revenue for the period rose to $232.1 million from $188.4 million in the comparable year-earlier period. Distribution revenue was $78.4 million in fiscal 2001 as compared with distribution revenue of $124.8 million in the same 2000 period.

LEGO Builds Harry Potter’s World

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The LEGO Company, makers of the world's best-selling construction toys, has created 11 new LEGO sets that capture the magic of the upcoming Warner Bros. film, HARRY POTTER AND THE SORCERER'S STONE. The sets are available now at retail. The LEGO Harry Potter sets include eight of the most popular characters from the magical world of Harry Potter - including Harry, Ron, Hermione, Hagrid, Draco Malfoy and Professors Dumbledore, Snape and Quirrell, as mini-figures, as well as a variety of other characters including animals, ghosts and imaginary creatures.

Disney Forms New Business Unit, Appoints President

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The Walt Disney Company has formed a new business unit, the Buena Vista Game Entertainment Studio, a new organization created to leverage and combine new and emerging technologies, such as broadband and wireless, with video consoles, PCs, other technological innovations, and online games to deliver integrated interactive entertainment for a new consumer experience. Jan E. Smith has been installed as its president. Smith, a 14-year Disney veteran, will also continue to serve in her current role as president of Disney Interactive.

DIRECTV Latin America Picks Up Boomerang

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Turner Broadcasting System (TBS) Latin America, Inc. has reached an agreement with DIRECTV Latin America, LLC (DIRECTV) for satellite distribution in Latin America of Boomerang, the 24-hour network that offers classic animated entertainment. Launched into the Latin American region in July of 2001, Boomerang continues to expand its reach in the market by adding DIRECTV's satellite distribution. Reaching more than 1.4 million direct-to-home customers, DIRECTV Latin America becomes one of the largest distributors for Boomerang in the region.

Nick Writers Want WGA

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In an election supervised by assemblyman Paul Koretz, chair of the California Assembly Committee on Labor and Employment, the writers from six of Nickelodeon’s animated series voted 19 to 2 in favor of Writers Guild of America, west (WGAw) representation. Sequoia Voting Systems, an independent company that provides election services to unions and state and local governments, received and counted the ballots.

Wild Brain Invades London

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Animation studio Wild Brain, Inc. has continued the expansion of its global operations with the launch of its new creative services studio Wild Brain UK, LLC based in London. Wild Brain UK is headed by animation and commercial creative director Mike Smith and managing producer Nikki Kefford, with director Tom Gravestock also on board. Powered by talent from London's animation community, Wild Brain UK will be committed to developing emerging talent with a wide-range of distinctive and eclectic styles. Mike Smith, who has spent the last 10 years in the U.S., working at Warner Bros.

Union Representation Election For Nickelodeon Animation Writers

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Assemblyman Paul Koretz, Chair of the California Assembly Labor Committee, has agreed to oversee an impartial election for union representation on behalf of writers on six Nickelodeon animated series. The election will take place Wednesday, October 3, 2001 at Nickelodeon Studios, 231 W. Olive Ave., Burbank. The polling place will close at 12:00 noon. Immediately following the vote Sequoia Voting Systems will tabulate the results and Assemblyman Koretz will announce the results.

Midway Secures Multiple Syndication Agreements

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Midway Games Inc. has entered into several syndication agreements whereby it will license classic video games for play on a variety of emerging gaming mediums, including Websites, handheld personal digital assistants (PDAs), cell phones and interactive television. Companies that have entered into licensing agreements with Midway include iWon, Heavy, RuneCraft, Index, Pocket Express and Terra Mobile-iobox. Financial terms of the licensing agreements were not disclosed. Midway announced three agreements focused on the handheld/wireless market.

JAKKS Pacific Says Robots For Everyone

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JAKKS Pacific's Flying Colors division has signed a licensing agreement with 4Kids Entertainment to manufacture and market a line of toys based on the new CGI-animated television series, CUBIX - ROBOTS FOR EVERYONE. CUBIX features a world of colorful robots equipped with an emotion processing unit (EPU) that gives each robot a personality of its own. The Flying Colors line of CUBIX merchandise will include activity kits, sleeping bags and back to school items. The line is scheduled to hit shelves nationwide in spring 2002. The CUBIX series will premiere to global broadcasters at MIPCOM 2001.

Sony Pictures Gives Harold To HarperCollins

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Sony Pictures Consumer Products has appointed HarperCollins as the worldwide publishing licensee for the HAROLD AND THE PURPLE CRAYON animated series set to debut in January 2002 on HBO Family. The series, based on the classic book by Crockett Johnson, is produced by Sony Pictures Family Entertainment. The new HAROLD AND THE PURPLE CRAYON book series will include six early reader books. The book series is expected to hit retail shelves in January 2002 to coincide with the release of the animated series.

Adobe Reports Third Quarter Results

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Adobe Systems Incorporated reported financial results for its third quarter ended August 31, 2001. In the third quarter of fiscal 2001, Adobe achieved revenue of $292.1 million, compared to $328.9 million reported for the third quarter of fiscal 2000 and $344.1 million reported in the second quarter of fiscal 2001. Pro forma diluted earnings per share for the third quarter of fiscal 2001, excluding non-operating gains and losses, were $0.28.

Nomura Sells Cambridge Animation

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Cambridge Animation Systems, developer of Animo 2D software, has been purchased from Japanese investment bank Nomura by a digital media consortium that includes an original founder of the company. The new owners are moving the company to a new and larger facility in Cambridge, England. Over the past 18 months the new management team placed in the company by Nomura has completely reorganized Cambridge Animation Systems, expanded Cambridge's line of products and set up a growing reseller network worldwide.

WowWee And Dreamworks Team Up For Spirit

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DreamWorks Consumer Products has named Hasbro's WowWee subsidiary as master toy licensee for the upcoming theatrical animated release SPIRIT: STALLION OF THE CIMARRON. The film tells the story of a wild mustang stallion named Spirit and his journey through the untamed American West. Under the agreement, WowWee will offer a line of products based on the film including basic figures, playsets, deluxe figures, electronic and animatronic figures, accessories and role play items.

Xbox Launch Date Delayed Again

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Microsoft Corp. has delayed the launch of its Xbox video game system by one week and is now planning to have Xbox in North American stores on November 15, 2001. The system will retail for approximately US$299. Microsoft is refusing to say how many units it will ship on that date and will only confirm it will ship 1 million to 1.5 million Xbox consoles to North American retailers this holiday season. Microsoft executives have not explained the delay, saying only that it is not related to the attacks in Washington and New York, or the nation’s economy.