Search form

Tagged With: Business

The Cuts Continue Headline News

Warner Bros. Discovery to Lay Off Nearly 1,000 Workers Across Multiple Sectors

Affected staffers include those in finance, business affairs, and production; most cuts will be in the finance department, with less than 10 cuts to Max staff.

Business Headline News

Axis Studios Shuts its Doors, Lays Off 162 Employees

The Glasgow-based animation and VFX studio has stopped all production and been put into administration after becoming insolvent; restructuring firm Interpath Advisory will locate companies to continue any current projects in development.

From Book to Screen Headline News

Passion Pictures to Adapt Multiple Rachel Bright Children’s Books

Deal finalized with Hachette Children’s Group for animated special adaptations of multiple stories, including ‘The Lion Inside,’ ‘The Koala Who Could’ and ‘The Squirrels Who Squabbled,’ illustrated by Jim Field.

Business Headline News

‘Beyblade X’ Animated Series to Premiere Outside Asia

The series, previously only released in Asia, will premiere in the U.S. July 13 on Disney XD, and will stream on Hulu in the U.S. and Disney+ internationally, with batches of multi-language episodes slated for later this year.

Business Headline News

Digital Domain, Plaza Premium Team on AI-Powered Hospitality Services

The joint venture, setup as a separate business, aims to redefine the global hospitality and airport services landscape with digital human technology and AI; the virtual assistant has made its global debut at the Plaza Premium Lounge at Taoyuan International Airport.

Motion Graphics Headline News

Duolingo Doubles Bolsters Design and Animation with Acquisition of Hobbes

Detroit-based animation and motion design studio gives mobile learning platform world-class motion design capabilities.

LAIKA Dives Into Live-Action Headline News

LAIKA Acquires ‘Crumble’ Script by Brian Duffield

Oscar-winning duo Phil Lord and Chris Miller will produce, with the writer at the helm, of the studio’s latest live-action effort - an original story of a married couple who go on a world-traversing adventure in the hope of finding a cure to an ancient curse.

Business Headline News

Skydance Reveals ‘New Paramount’ Vision Ahead of Merger Finalization

David Ellison, who will be named Chairman-CEO if the deal goes through, stressed that moving forward, the company will be a ‘confluence of art, first and foremost, working hand in hand with technology.’

Business Headline News

Bejuba! Entertainment Acquires ‘Animixies’ Worldwide Distribution Rights

Trailer released for the 3DCG animated kids’ series that follows 2 intrepid young zoologists who explore a newly discovered Island with the help of its inhabitants, the fantastical creatures named Animixies.  

Business Headline News

Skydance, National Amusements Reach Tentative Paramount Acquisition Deal

Talks are more than back on… the purchase will not be finalized until it is reviewed by the special committee of Paramount’s board of directors, with a 45-day period to shop around for other bidders.

Business Headline News

DNEG Group Secures $200M Investment

The United Al Saqer Group’s fund infusion accelerates company’s diversification from service provider to content production and AI-powered technology partner, bolstering expansion of Prime Focus Studios’ content creation efforts, start of new tech division Brahma, and launch of visual experience hub in Abu Dhabi.

Will a Strike be Averted? Headline News

IATSE and AMPTP Reach Tentative Deal on Area Standards Agreement

The agreement comes after a tentative deal was also struck on the parent contract, the Basic Agreement, on Tuesday, which should mean no strike this summer.

Hopefully No More Problems Headline News

Zhang Yimou to Direct ‘The Three-Body Problem’ Film Adaptation

The project was announced by Wang Changtian, founder and CEO of Enlight Media, at a forum organized within the Shanghai International Film Festival. 

Monstrous News Headline News

Grant Sputore to Direct Legendary's Next ‘Monsterverse’ Film

The ‘I Am Mother’ helmer joins writer Dave Callaham on the upcoming franchise installment, set to continue the story of Godzilla, Kong, and the remaining pantheon of infamous Titans

9 Story Headline News

Scholastic Closes $182 Million Investment in 9 Story Media Group

Award-winning creator, producer and distributor of premium children’s content will continue to be led by president and CEO Vince Commisso.

From Page to Screen Headline News

LAIKA to Adapt Susanna Clarke’s ‘Piranesi’

Travis Knight, president and CEO of the Oregon-based stop-motion studio, will direct the animated feature film adaptation of the best-selling fantasy novel.