RUN LOLA RUN producer X Filme and David Groenewold's media investment group Promedium Gesellschaft fuer Medienfinanzierung have launched an animation firm, reports VARIETY. The Berlin-based firm will be run by Stephen Schesch, former head of the animation company Ellipse Deutschland.
Animation X has already begun its first feature, an adaptation of Tomi Ungerer's children's book THE THREE ROBBERS. The film has a budget of E3.5 million ($4.5 million) and is funded by Groenewold's GFP 2 fund.
In addition, Animation X is planning a live-action/CGI adaptation of Walter Moers' series of children books, which Groenewold had purchased on his own last year.