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Headline News Foreign Finalists Selected For 2012 Student Academy Awards

Five finalists, selected from 51 entries representing 29 countries, will advance in the Foreign Film category in the Academy of Motion Picture Arts and Sciences’ 39th Annual Student Academy Awards competition.

Headline News Netflix Posts $5 Million Quarterly Loss

Netflix fell to a loss in its first quarter even while adding three million streaming members to its ranks, bringing its total to 26 million worldwide.

Headline News Cartoon Art Museum to Celebrate 'Star Wars' Comics

On Tuesday, May 15, the Cartoon Art Museum welcomes Howard Chaykin and Steve Leialoha for a special presentation on the origins of the "Star Wars" comic book and their experiences in creating the official Marvel Comics adaptation of the film.

Headline News Red Giant’s 'Plot Device' Nominated for Vimeo, Webby Awards

Red Giant’s short film, “Plot Device,” has picked up a lot of traction with nominations for a Webby award and the Vimeo Festival + Awards.

Headline News Adobe Announces $1M Scholarship Fund

The Adobe Foundation announced it is committing one million dollars to establish the Adobe Foundation Creativity Scholarships – a new global initiative intended to unlock the creative potential of students.

Headline News Hasbro Posts First Quarter Loss on Toy Sales

Toy giant Hasbro posted a first-quarter loss as the company’s U.S. and Canadian sales declined 16 percent, masking across-the-board growth abroad, particularly by Latin America.

Headline News Rich Ross Steps Down as Disney Chair

Rich Ross resigned as chairman of Walt Disney Studios on Friday, his surprise exit bookended between the company's recent $200 million loss from “John Carter” and the forthcoming box office and other ancillary earnings from Marvel's “The Avengers.”

Headline News Ottawa Animation Fest Unveils 2012 Lineup

Organizers of the Ottawa International Animation Festival have unveiled the lineup for the 2012 edition of the festival, along with poster art from Koji Yamamura, winner of the 2007 grand prize for his film “A Country Doctor.”

Headline News VFX Artists to Hold Culver City Union Meeting

In a campaign to change working conditions for VFX artists at Sony Pictures Imageworks, a group calling itself SpiUnion will hold a lunchtime meeting in Culver City on Friday with officials from the Animation Guild and its union parent IATSE.

Headline News Foundry Announces HIERO for Windows

Visual effects software developer The Foundry announced a new Beta version of HIERO, which allows users to download and trial the software on the Windows operating system.

Headline News Rob Legato & Steve Wozniak Talk Technology at NAB 2012

Academy Award winner Rob Legato and Fusion-io Chief Scientist Steve Wozniak discuss technology and creativity at the Post Production World Conference keynote at NAB 2012. Steve Forde of Adobe and Vincent Brisebois of Fusion-io kick off the talk by revealing that Adobe Creative Suite 6 is the first software application to be optimized for the Fusion ioFX.

Headline News Fremantle's Cohen Steps Down as CEO

RTL Group announced the appointment of Cécile Frot-Coutaz as the new CEO of FremantleMedia, effective July 1, 2012. Current CEO Tony Cohen will step down to focus on his non-executive work.

Headline News Cinedeck RX Boosts VFX Delivery for Stargate

Stargate Studios recently deployed dual Cinedeck RX systems, in combination with dual Cinedeck EXs and on-board camera recorders, to assist the rapid delivery of 700 VFX shots for the ABC pilot “Beauty and the Beast.”

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