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, 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.

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 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.

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.

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 & 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.

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.

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.

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.

Red Sky, an interactive solutions provider, announced the acquisition of Olive Jar Studios, a Boston and Los Angeles-based animation and film production studio, and White Noise Productions, a Los Angeles-based full service multimedia firm. "A concept we believe strongly in is 'applied entertainment,' which means that our solutions transcend mere functionality and bring emotion to interactive experiences delivered across all media, from narrow to broadband platforms and devices," said Bill Bingham, chairman and CEO of Red Sky.

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.

DIC Entertainment’s CEO Andy Heyward is set to purchase DIC from owner Walt Disney Co. The deal backed by investment firms Bain Capital and Chase Capital Partners is valued in the nine digits. Disney acquired a majority stake of DIC in 1995 when it purchased ABC/Capital Cities. In 1986, Heyward purchased the toon house from France-based CLT and retained a small minority interest in the firm after ABC/Capital Cities obtained the majority share in 1993. DIC television properties include INSPECTOR GADGET (Disney co-produced a live-action feature version), G.I.

Cologne-based licenser and children's TV producer BKN International has acquired international TV, video and merchandising rights for New York-based children’s animation production company GoodTimes Entertainment’s 51 title library. The deal worth US$13 million includes titles such as RUDOLPH THE RED-NOSED REINDEER, THE COUNT OF MONTE CRISTO and MOBY DICK.

Animation Stock Ticker For Tuesday, September 19, 2000

On Monday, September 18, 2000, Pseudo Online Network closed down its operations, making the newest dotcom downfall. The Website had laid off 58 employees earlier this summer, which was roughly 25% of their workforce. The site originally ran as separate channels with original interactive content, however the Netcaster recently changed to one central channel broadcasting shows from 2 pm to midnight. Pseudo's big claim to fame was their extensive coverage of the U.S. Republican National Convention with 360º camera views of the convention floor.

Netcaster iCast, a subsidiary of Internet conglomerate CMGI, has purchased independent short film site Shortbuzz.com. As part of the acquisition, iCast has raised its library to 400 films. On Friday, September 15, 2000, the company, however, laid off 30 employees in its technical and editorial divisions. The Website will replace those positions with new employees with more entertainment experience. iCast VP of public relations told VARIETY, "We know the business we want to be in, and we’re streamlining. We’re not shutting down. In fact, we’ll be stronger as a result.

Stan Lee Media Inc. has eliminated 19 positions, deciding to outsource animation production to overseas companies. The move is part of SLM's deal with Toon Boom Technologies to use its U.S. Animation software on SLM productions. The Web content creator said in a press release that the decision would allow the company to maintain quality animation while reducing internal overhead costs.

Corus Entertainment Inc. has announced the acquisition of Nelvana Limited in a cash and stock deal worth CA$554 million (US$372.5 million). Corus will pay 60% of the $554 million in cash and the rest in Corus Class B non-voting shares. "The opportunity to acquire an outstanding Canadian content company with exceptional international credentials presents itself very rarely," said John Cassaday, president and CEO of Corus.

On Monday, September 11, 2000, the family that owns the rights to Alvin and the Chipmunks filed a US$105 million lawsuit against Universal Studios, claiming it failed to license products adequately based on the cartoon characters. According to the lawsuit filed in State Superior Court in Los Angeles, members of Chipmunks creator Ross Bagdasarian Sr.'s family claim that Universal executives told them that the studio would make Alvin, Theodore and Simon "a cornerstone" of the company's licensing efforts.