Visual effects company Rhythm & Hues is officially sold to an affiliate of Prana Studios, 34×118 Holdings, in a deal valued at $17.8 million.
Geographical Region: Asia
Al Jazeera's children's channel JCC unveils JeemTV, a lifestyle entertainment media platform for Arab children of the 21st century.
Henson Independent Properties, The Jim Henson Company’s third party media distribution and consumer products banner, acquires YouTube sensation “I Love Egg” from Korea’s D&H Inc.
Two weeks after reports that troubled VFX studio Rhythm & Hues would be establishing operations in Taiwan, the company courts new employees for its facility in the city of Kaohsiung.
“DreamWorks Dragons: Riders of Berk” lands in Sri Lanka with the arrival of children’s channels Cartoon Network and POGO.
Bankrupt visual effects company Rhythm & Hues finds a stalking horse bidder in South Korean Media company JS Communications Co. Ltd.
Child-friendly Silkworm and faithful pet Woofy are set to charm kids with new series to be distributed by Neptuno Films.
HIT Entertainment announces sales of their pre-school properties “Mike the Knight,” “Thomas & Friends,” and “Fireman Sam” in Asia, Australia, and New Zealand.
One of Mumbai’s largest animation studios orders 2,000 licenses for its short and feature film work.
Wizart closes sales for its 3D-animated film, “The Snow Queen,” across multiple territories, including South Korea, Indonesia, Brazil, Israel, the Middle East, Baltic States and Ukraine.
European distributor Alphanim finalizes deals with Disney XD Latin America and Disney Southeast Asia for its highly successful animated series “Dude, That’s My Ghost!”
The company that creates mythological and superhero characters for the Indian youth market hopes to produce future hit franchises.
Celebrated Japanese animation studio announces two films slated for a summer 2013 release: Hayao Miyazaki ‘s “Kaze Tachinu” and Isao Takahata's “Kaguya-hime no Monogatari.”
The short film "Combustible," by Otomo Katsuhiro, wins the Grand Prize for animation at the 16th Japan Media Arts Festival.
Hasbro Studios strikes production deal for second season of “Rescue Bots” with Malaysia’s Vision Animation and Australia’s Moody Street Kids.
Malaysia’s Young Jump Animation announces the company’s first children’s animated co-production venture, “Pumpkin Reports.”
At an auction for assets from Digital Domain Media Group, China’s Beijing Galloping Horse wins the bid for the animated film “The Legend of Tembo.”
Faceware Technologies signs two reseller agreements to aggressively target Japan and China with its facial motion capture technology.
The first annual Asian Animation Summit presents 36 new animated TV projects from producers in Australia, Malaysia, Korea and Singapore.