2 years after purchasing the VFX company’s tools, pipeline, technology and engineering talent pool, the company moves to refocus on video game development, with a goal to become a major player in the professional M&E market; it will also shutter 14 offices.
Tagged With: acquisitions
The company expects to spend approximately $8.61 billion by December 1 for Comcast/NBCU’s 33% stake in the streamer, minus the anticipated outstanding capital call contributions payable by NBCU to Disney, with final amounts to depend on assessment of fair equity value.
Screened as an official selection at the Cannes and Annecy film festivals, Jérémie Perin’s animated feature debut comes to theaters in 2024, following its domestic French release next month.
Two years after it was first announced, the U.K.’s Competition and Markets Authority (CMA) finally approves the nearly $70 billion acquisition, the largest ever in the gaming industry.
The anime destination nabs North American rights to the new film based on Tsuchika Nishimura’s popular manga series; will compete at upcoming Animation Is Film festival in L.A. October 21 with wide release expected in 2024.
Studio to produce animated comedy series, based on author Dermot O’Leary’s book series, about Toto, a partially sighted cat with razor-sharp senses, a nose for danger and a crime-busting spirit of adventure.
The U.K. authority acknowledged that the restructured deal ‘makes important changes that substantially address concerns,’ in a statement last Friday, and will announce a final decision by October 6.
The new deal divests cloud rights for existing Activision PC and console games to rival Ubisoft instead of Microsoft; the U.K. regulator has until October 18 to decide.
The streamer goes buggin with the studio’s first entirely 3DCG animated comedy kicking off next month as part of the platform’s ‘kids and family’ programming.
After winning the European Commission’s approval and triumphing over the FTC, the hard-fought acquisition may close by July 18 if the U.K.’s CMA block is rejected.
The deal accelerates the public TV subsidiary’s creative hub expansion to the South of France while providing a more robust infrastructure and access to cutting-edge real-time technology.
The approval brings the Microsoft-owned gaming behemoth one step closer to closing its nearly $70 billion purchase, but there is more work to be done before the deal is finalized.
Acquisition of Warner Bros. Animation’s original animated movie Merry Little Batman, spinoff series Bat-Family and Batman: Caped Crusader to bring a reimagined ‘Batman’ mythology to the streamer’s global audience.
In a deal set to close later this year, co-founders Wes Lui and Ricardo Curtis are named Co-General Managers of the Toronto-based pre-production studio, which will maintain its distinct identity under new parent company banner.
The leading VFX and animation studio’s deal with parent company Prime Focus Limited for India-based integrated film and TV studio assets includes PF Studios, Digital Intermediate, Equipment Rental Services (EQR), and PFL’s Advertising post-production business.
The global distributor secures majority stake in award-winning studio behind show's like 'Counterfeit Cat' and 'Dodo.’
In the newly created role, exec will lead a team covering commercial and creative strategies in digital publishing, as well as the strategic direction of digital monetization across AVOD, FAST and EST.
Veteran Media and Entertainment executive Todd Steinman named President, Genius Networks, Uniting Kartoon Channel!, Ameba TV, and Frederator Network.
The Japanese media company makes multi-million-dollar investment in the animated series ‘Bee and PuppyCat’ and Frederator’s ‘Bravest Warriors;’ companies to co-produce new series’ content and develop global consumer products campaign.
The award-winning visual effects house to kick off the new year with a new French-based facility helmed by Creative Director/Head of Studio Andy Morley; continued studio expansion follows the recent acquisition of Lola Post Production.
Studio will leverage MGA’s IP developing content in concert with newly acquired animation studio, a collaborative partner on previous projects, including ‘L.O.L. Surprise! The Movie,’ ‘L.O.L. Surprise! House of Surprises,’ and most recently ‘L.O.L. Surprise! Winter Fashion Show’ which premiered on Netflix in October.
SPE bolsters its VFX and virtual production capabilities with purchase of the award-winning visual effects studio, which will join Sony Pictures Imageworks and Sony Innovation Studios to handle the company's growing film and TV production demand.
The acquisition creates a roster topping 300, bolstering the London-based studio’s capacity to offer and create a range of VFX for the film and TV markets.