Geographical Region: Europe

Avid Technology, Inc. has announced the acquisition of Fremont, California-based Motion Factory, Inc., an applications company specializing in interactive 3D software for character-driven games and the Web. Along with the deal, Avid named Motion Factorys former president and CEO, David Pritchard, as the new general manager of Softimage Co., Avids graphics and effects arm.

British audience flocked to theatres to catch the first Aardman Animation feature CHICKEN RUN. In its British premiere, the clay character cavalcade racked up an amazing US$5.8 million. The fearless free-rangers knocked seven-week champion GLADITOR into second in the U.K. The Roman romp tallied up an additional $38.8 million in its international showings. The box office blood bath has brought in $165.8 million outside the U.S. Slipping for the U.S. top ten, Disneys DINOSAUR, however, stomped over the competition in Brazil to the tune of $1.6 million.

The Castle Museum and the organizers of the Annecy Festival have begun to gather a collection of animation artifacts. The museum is calling for filmmakers to contribute documents, drawings, artwork etc. from their productions to be preserved. The collection has many optical machines and toys from the early days of cinema. The museum started gathering objects of importance in the 1960s and wishes the continued support of filmmakers to protect and honor the rich heritage of the medium.

* Wednesday, July 26 Sunday, July 30, 2000. Avanca, Portugal.

Seagram Co.-owned Universal Studios, producer of the LAND BEFORE TIME series, will now be housed under the Canal Plus roof. The move is a result of French media mogul Vivendis recently board-approved acquisition of Seagram. The stock for stock deal values Seagram at US$34 billion. Vivendi shareholders will own 60% of the new firm, Seagram shareholders will hold 29% and the minority shareholders in Vivendi-owned Canal Plus will hold the remaining 11%. The new motion picture division of Vivendi will be entitled Canal Plus and will be lead by Canal Plus chairman and CEO Pierre Lescure.

The opening week failure of TITAN A.E. may have been the final straw that has pushed Fox Filmed Entertainment chairman and CEO, Bill Mechanic, to resign. Mechanic has decided to leave Fox and form his own production company much like former Disney chairman Joe Roths Revolution Studios. However, insiders say the abrupt exit was a result of pressure from parent News Corp. CEO Rupert Murdoch over financial losses and questionable movie greenlights.

On Wednesday, June 21, 2000, Italian animation studio Mondo TV, owner of the country's largest library of domestic and imported TV cartoons, will go public on the Milan stock exchange. Currently, the Rome-based company is owned by Orlando and Matteo Corradi. For the first-quarter, the TV toon maker saw revenue of 6.5 billion Italian lira (US$3.25 million) and net earnings of 1.3 billion ($650,000).

DreamWorks' GLADIATOR continues to plunder the pockets of moviegoers around the globe. Complete box numbers from Germany, France, Australia and a number of other countries were not available due to local holidays, however GLADIATOR looks like it is still slaying the competition. The bloody blockbuster is still topping the charts after five weeks in release in both the U.K. and Australia, regaining the top spot from MISSION: IMPOSSIBLE 2 in the later. In its four weeks in release, the Roman revenge tale took the #1 spot in both Italy and Spain.