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Animation Headline News

Sony Animation & Frederator Studios to Develop Animated Features

Sony Pictures Animation has set a multi-year deal with Fred Seibert and his Frederator Studios to develop animated feature films, it was announced today by Bob Osher, president of Sony Pictures Digital Productions, and Hannah Minghella, president of production for Sony Pictures Animation. Seibert, a prolific animation producer, promises to be a rich source of original ideas as Sony Pictures Animation continues to advance its development slate.

Destination Headline News

Destination Stays #1 at Box Office

Topping Labor Day weekend, THE FINAL DESTINATION (WB/NL, with vfx by Amalgamated Pixels) was #1 again, with audiences, grabbing $12.3M in its second week. DESTINATION was down 55% with a total gross of $47.4M.

Headline News

New Line, the Tolkien Estate and Harper Settle LOTR Lawsuit

THR, Esq. reports that New Line Cinema, the Tolkien estate and Harper Collins Publishing have settled a lawsuit over profits from LORD OF THE RINGS, specifically the films released from 2001-03.

Headline News

Terminator's Salvation from Lawsuits

Variety reports two TERMINATOR SALVATION producers have sued the Pacificor hedge fund (and one of its former employees) alleging financial wrongdoing.

The Halcyon Co., owner of the rights to the movie franchise, has accused former Pacificor employee Kurt Benjamin of fraud, double-dealing and conspiring with the fund's CEO, Andy Mitchell.

Headline News

Activision Blizzard’s Surprising Second Quarter

Press Release by Activision

Santa Monica, California (Aug 05, 2009) -- Activision Blizzard, Inc. today announced better-than-expected financial results for the second quarter 2009.

For the quarter ended June 30, 2009, Activision Blizzard’s GAAP net revenues were $1,038 million, and its non-GAAP net revenues were $801 million. The company’s prior GAAP net revenue outlook for the quarter was $1 billion. On a non-GAAP basis, the company’s net revenue outlook was $775 million.

Nick Headline News

Nick Splat to Be Wiped Away

Nickelodeon is changing its image. VARIETY reports that this fall Nick will unveil a new logo, saying goodbye to the splat look that it's had since 1984.

The reason for the change is to unite the brand identity of its sister networks -- Nick at Nite and Nicktoons, as well as Noggin and The N, which become Nick Jr. and TeenNick in September, respectively.

Headline News

Yahoo and Microsoft Finally Sign Deal

Press Release from Yahoo! and Microsoft

SUNNYVALE, Calif. & REDMOND, Wash. -- Yahoo! and Microsoft announced an agreement that will improve the Web search experience for users and advertisers, and deliver sustained innovation to the industry. In simple terms, Microsoft will now power Yahoo! search while Yahoo! will become the exclusive worldwide relationship sales force for both companies' premium search advertisers.

Media Headline News

Studio100 Media Buys Up Maya the Bee

Press Release from Studio100 Media GmbH Munich, July 29, 2009 -- Studio100 Media GmbH has signed a buy-out agreement with Waldemar Bonsels Foundation for the endearing classic MAYA THE BEE. Studio100 Media already holds all exploitation rights including TV, Video, VOD and merchandising to the existing animated series of 104 episodes produced in 1975 and to the 1977 animated feature film.

Animation Headline News

Calypso Animation to Open Offices in Bangalore and Chennai

Press Release from Calypso Animation Studios

Calypso Animation Studios (CAS) is pleased to announce the opening of a satellite offices in Bangalore and Chennai, India, headed by Project Manager Muthu A. Muthu is an expert at animation and project management and has over 10 years experience in the Indian animation market specializes in outsourced animation. The CAS Bangalore team will help orchestrate outsourced projects in Central and East Asia.

Million Headline News

DreamWorks Animation Reports 7 Percent Profit Dip

Press Release from DreamWorks Animation SKG, Inc.

GLENDALE, Calif., July 28 /PRNewswire-FirstCall/ -- DreamWorks Animation SKG, Inc. (Nasdaq: DWA) today announced financial results for its second quarter ended June 30, 2009. In the quarter, the Company reported total revenue of $132.0 million and net income of $25.6 million, or $0.30 per share on a fully diluted basis. This compares to revenue of $141.5 million and net income of $27.5 million, or $0.30 per share on a fully diluted basis, for the same period in 2008.

Animation Headline News

DUCK Inks Golden Lucky

Press Release from DUCK

DUCK has signed Brooklyn-based art and animation studio Golden Lucky, bringing a high-end animation studio onto its ever-expanding roster. The studio, led by Creative Directors Saiman Chow and Sean Dougherty, is known for churning out creative projects for multiple applications with their unique variety of animation, which involves blending music, storytelling, character development, and the creation of sets and artwork from various materials.

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