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Shareholders Push Back On Blue Ant Purchase Of Thunderbird Entertainment
The proposed deal puts Atomic Cartoons at the center of a debate over valuation, control, and whether Blue Ant’s offer reflects Thunderbird’s long term worth.
Business
Rainbow Acquires Geronimo Stilton IP, No Mention Of The Previously-Announced Feature Adaptation
The feature was announced in 2023 with ‘Captain Underpants’ director David Soren, but today’s release offered no update, raising doubts about its future.
Warner Bros. Discovery Board Rejects Paramount’s Hostile Offer
The WBD board warns shareholders Paramount’s offer is too risky, citing uncertain financing and long-term concerns as the takeover fight continues.
Gungnir Launches Animation Studio Aimed At Building A ‘Cartoon Network Of The Digital Era’
The L.A.-based publisher is expanding into animation with original series and films designed for a YouTube-first network aimed at genre and fandom communities.
Disney Invests $1B In OpenAI, Studio Assets Heading To Sora, ChatGPT
More than 200 characters from Disney’s portfolio will be available to users of the video-generating platform Sora and image-generating portion of ChatGPT.
Original ‘Neon Genesis Evangelion’ Studio Gainax Officially Shutters After 42 Years
When studio president Tomohiro Maki was arrested in 2019 for sexual assault of a teenager, a subsequent audit unveiled years of unrecoverable mismanagement.
Paramount Launches $108.4 Billion Hostile Bid For Warner Bros. Discovery
The surprise bid disrupts Netflix’s near-finished deal and ignites a new battle over control, financing, and the future of major Hollywood assets.
‘Pro-Consumer, Pro-Innovation, Pro-worker, Pro-Creator’: Netflix CEOs Insist WB Acquisition Will Benefit Everyone
Netflix says acquiring WB will expand development pipelines, open global reach for storytellers, and create talent job opportunities. Now that that’s settled…
WB Films To Remain Theatrical Under Netflix, Though Sarandos Says ‘Windows Will Evolve’ To Be More ‘Consumer Friendly’
The Netflix co-CEO suggests Netflix could speed up how quickly Warner Bros. films leave cinemas, signaling potential long-term shifts in release strategy.
Netflix To Purchase Warner Bros. For $82.7 Billion
The acquisition positions Netflix to absorb a century of Warner Bros. film and animation history as industry consolidation accelerates.
Blue Ant Media To Acquire Atomic Cartoons Parent Company, Thunderbird Entertainment
Blue Ant’s purchase of Thunderbird boosts its animation footprint, adding Atomic Cartoons’ extensive originals catalog and impressive studio Rolodex.
WBD Sale Moves Forward As Paramount Skydance, Netflix, And Comcast Submit Nonbinding Bids
The offers put WB’s vast animation catalog and its workforce in the spotlight as staff brace for a fourth major transition in a decade.
Unity, Epic Partner To Open ‘Fortnite’ To Unity Games And Expand Unreal Support
Unity and Epic Games team up to bring Unity-built games into ‘Fortnite’ and expand cross-platform tools, giving developers wider reach and flexibility.
Angel Studios Acquires Top-Performing IPs ‘Tuttle Twins’, ‘The Wingfeather Saga’
The acquisitions fit Angel’s model of testing new IP on its platform and then doubling down on the franchises that gain audience traction.
Roger Rabbit Creator Gary K. Wolf Reclaims His Toon Universe, Teases New Projects
After 35 years, Gary K. Wolf regains control of Roger Rabbit and plans new films, including a live-action Jessica Rabbit project.
Netflix Reportedly Exploring Warner Bros. Discovery Bid
According to Reuters, Netflix has tapped an investment bank to explore a possible WBD bid and has been given access to the company’s financial data room.
‘KPop Demon Hunters’ And AI Integration Headline Netflix’s Third Quarter
A one-time loss in Brazil marred an otherwise strong quarter for the streamer, which has plenty more animation and AI planned for the near future.
‘KPop Demon Hunters’ Finally Gets Its Big Merch Push After A Historic Co-Licensing Deal With Mattel, Hasbro
Netflix names Mattel and Hasbro co-master toy partners for its record-breaking animated hit ‘KPop Demon Hunters,’ with products coming in 2026.
Warner Bros. Discovery Confirms Its For Sale, Bidders Circling
WBD says its board is reviewing strategic options to boost shareholder value. No word in today’s release on how a sale might impact employees or customers.
Report Sheds Light On Bankruptcy of Scottish ‘Eyes of Wakanda’ Studio Axis Studios
Axis Studios, which has worked on global IPs including ‘Halo,’ ‘League of Legends,’ and ‘Love, Death & Robots,’ has entered administration after 25 years.