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AWN Headline News

Million Headline News

Infogrames Losses Shrink, Revenues Expand

By Dan Sarto | Tuesday, May 15, 2001 at 12:00am

Infogrames, Inc., has announced results for its fiscal 2001 third quarter and nine months ending March 31, 2001. Third quarter revenues increased to $70.8 million, compared to $63.6 million for the same period in 2000. Publishing revenues increased to $47.0 million from $32.6 million in the prior year period, while distribution revenues decreased to $23.8 million from $31.0 million in the prior year period. The third quarter net loss decreased to $21.4 million, or $0.31 per share, compared to a net loss of $168.7 million, or $8.17 per share for the same period in 2000.

Animation Headline News

MTV Greenlights Two New Comedies

By Dan Sarto | Tuesday, May 15, 2001 at 12:00am

MTV has announced its 2001 slate of animated projects, which includes two green-lit animated comedy series and a full roster of other series in development. These shows represent the networks most ambitious move yet into the world of animation, teaming MTV with an A-list of writers, artists and producers. CLONE HIGH follows the lives of four present day high school characters that happen to be cloned from the extracted DNA of some of the most important men and women in history.

Film Headline News

MTV Picks Up Film Roman’s Hairball

By Dan Sarto | Tuesday, May 15, 2001 at 12:00am

Leading independent animation production house Film Roman, Inc. announced on Tuesday, May 15, 2001, that one of its Web short, HAIRBALLS, has been picked up by MTV for development into a TV series. HAIRBALLS is an animated dark comedy with a satirical twist on the classic "cat and mouse" cartoon story. The Web toon was created by Doug Lawrence (REN AND STIMPY) and developed by Eric Radomski, creative head of animation and executive producer for Film Roman's Website, LEVEL13.NET. The short won an Honorable Mention at the 2000 Playboy Animation Contest and an Annie Award nomination in 2000.

Headline News

Northern Lights, Arete Announce Psunami

Northern Lights Productions and Arete Entertainment announced the release of Arete's award-winning Psunami version 2.0 for Electric Image's Universe. Psunami is a hybrid plug-in/shader that allows users to create photo-realistic oceans and skies. "It's fun to watch people do a double-take when they see a Psunami animation. They can't quite tell that it's not real and that's the goal," said Blair Burtan, founder of Northern Lights.

Headline News

RE:Vision Releases Twixtor

RE:Vision Effects Inc. has released ReelSmart Twixtor, a re-timing solution for Shake. The plug-in enables artists to speed up and slow down image sequences. Twixtor synthesizes unique new frames by warping and interpolating frames of the original sequence, using proprietary tracking technology that calculates motion for individual pixels.

Film Headline News

Film Roman Announces Quarterly Profit

By Dan Sarto | Monday, May 14, 2001 at 12:00am

Leading independent animation house Film Roman announced increases in revenue and operating income for the their most recent quarter. Company revenue increased by 51% or $6.5 million, to $19.2 million for the quarter ended March 31, 2001 from $12.7 million for the quarter ended March 31, 2000. The company attributed the increase to the delivery of more fee-for-services episodes and a movie-of-the-week special.

Animation Headline News

Threat Launches New Digital Studio

Threat, a new digital studio providing editing, visual effects, animation and compositing services, has launched in Santa Monica. The company has established itself in a new $5.5 million facility to provide end-to-end post services for commercials, entertainment television, feature films, music videos and new-media.

Imax Headline News

IMAX Corporation Reports First Quarter Results

In a May 11, 2001 announcement, entertainment technology company IMAX Corporation reported its results for the first quarter ended March 31, 2001. The company reported a loss of $0.23 per share for the first quarter before the impact of a previously announced restructuring charge. After the impact of the restructuring charge, IMAX reported a loss of $0.46 per share. The company's comparative results for the first quarter of 2000 were: earnings of $0.06 per share before the cumulative effect of changes in accounting principles and a loss of $1.92 per share after such changes.

Animation Headline News

The Webisode Academy Presents: A Discussion on Animation Production Management

* Wednesday, May 30, 2001. Burbank, California, U.S.A.

The Webisode Academy is presenting a panel on animation production management, featuring a discussion about management training and resources, incorporating Catherine Winder & Zahra Dowlatabadis new book, PRODUCING ANIMATION. The event is sponsored by Women in Animation. The director of the Webisode Academy, Kellie-Bea Cooper, will serve as moderator. For more information: Tel.: (818) 508-TOON; E-mail: info@webisode-academy.com.

Million Headline News

Activision Posts Record Gains

In a May 9, 2001 announcement, Activision, Inc. reported fourth quarter and fiscal year results for its interactive entertainment business. For the fiscal year ended March 31, 2001, net revenues were $620 million as compared with $572 million for the fiscal year ended March 31, 2000. Net income for the fiscal year was $21 million, or $0.75 per diluted share, compared with a net loss of $34 million, or $1.38 loss per diluted share reported for last year.

Awards Headline News

2001 Harvey Award Winners Announced

The 2001 Harvey Awards were presented April 27, 2001 in Pittsburgh Pennsylvania. Named for the late comic genius Harvey Kurtzman, the Harveys are one of the comics industry's oldest and most prestigious awards. They are the only awards in comics both nominated and selected by the vote of the full body of creative comics professionals. Three Harvey Awards were bestowed upon Chris Ware, including Best Series and Best Graphic Album of Previously Published Work for ACME NOVELTY LIBRARY, and the Special Award for Excellence in Presentation for Pantheon's Acme collection, JIMMY CORRIGAN.

Series Headline News

New Dragon Ball Series To Debut on Cartoon Network

FUNimation Productions Ltd. announced its new DRAGON BALL TV series will debut June 25, 2001 on the Cartoon Network, airing Monday through Friday at 5:30 pm ET. DRAGON BALL is the prequel to the DRAGON BALL Z series, #1 on the Cartoon Network's Toonami Block and #1 on the Internet, according to Lycos. Gen Fukunaga, President of FUNimation, also announced that new episodes of DRAGON BALL Z will begin airing on the Cartoon Network beginning September 3, 2001. Like DRAGON BALL Z, the new DRAGON BALL series was a smash hit in Japan before being produced for the U.S. and other countries.

Comedy Headline News

Funny Garbage Launches The New Comedycentral.Com

New Yorks Funny Garbage, a worldwide leader in interactive design and creative content, announced the launch of its redesign for ComedyCentral.com. The new site embodies the high level of engaging entertainment that has made the Comedy Central TV Network a leading popular culture brand for television comedy. Funny Garbage developed the site using Dynamo Control Center with Interwoven TeamSite to create an experience that was modular and flexible enough to support next generation applications like wireless and interactive television, yet still appeal to todays Web surfers.

Company Headline News

Romp.com Shifts Strategy, Abandons Paid Subscriber Model

By Dan Sarto | Friday, May 11, 2001 at 12:00am

After switching to a paid subscription format in March 2001, Internet entertainment company Romp.com has announced a series of strategic changes that reflect the difficulties Web entertainment destination sites continue to face as they seek profitability. In a company newsletter sent out on May 9, 2001, the company announced an end to their unsuccessful paid subscription access format, a refund for all paid subscribers, an end to daily site content updates and a move toward developing branded film and print projects for other distribution channels.

Media Headline News

Harvey Entertainment And Classic Media Amend Sale Agreement

The Harvey Entertainment Company and Classic Media, LLC have amended their prior agreement for the sale of Harveys library of classic characters, including CASPER, RICHIE RICH, BABY HUEY and LITTLE AUDREY, as well as certain contractual rights and agreements which relate to those assets. Signed on March 9, 2001, the prior deal was worth US$16 million plus debts associated with the characters. The parties have agreed to increase the purchase price to US$17 million, to be paid in cash at the closing, plus the assumption of certain liabilities.

Design Headline News

Black Logic Signs Designer/Director Alessandro Swainston

By Dan Sarto | Thursday, May 10, 2001 at 12:00am

Attracted by his passion for film and food, and a design aesthetic beyond his years, Black Logic has signed Alessandro Swainston as a designer/director, announced vice president and executive producer Karen Stewart. Black Logic is a comprehensive, creative collaboration company offering full-service visual effects, graphic design, high-end compositing, 2D and 3D animation, and complete live-action production.

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