Unity Software Laying Off 265 Employees From Its Unity Weta Tools Division
Unity purchased Weta’s tools, pipeline technology, and 275 engineering staff for $1.625 billion less than two years ago.
Unity purchased Weta’s tools, pipeline technology, and 275 engineering staff for $1.625 billion less than two years ago.
Disney will pay at least $8.61 billion for Comcast’s 33% stake in the company, but that total could change before the deal is finalized.
Netflix will begin releasing Skydance animated features in 2024, starting with Vicky Jensons’ ‘Spellbound.’
The company’s aim is to “democratize 3d animation.”
Approval was granted after Microsoft agreed to sell Activision’s cloud streaming rights for all current and new titles to Ubisoft.
The layoffs are part of a restructuring process that will also result in less animation produced in-house.
The two companies are currently working on ‘Giants of La Mancha,’ to be released in 2024.
According to the company, ad revenues are 5-10x higher when fans watch videos on the Rooster Teeth website.
Dreamworks’s television department was hit especially hard as production has slowed down in that division.
EXCLUSIVE: As part of cost-cutting measures, Dreamworks Animation is shifting away from producing films fully in-house at its Glendale, California headquarters and will rely more heavily on third-party studios.
According to Bilibili, viewership of Chinese animation on the platform has increased six-fold over the past five years.
Floating Rock recently received a $2.5M venture capital investment that helped expand the studio’s original IP division.
A new study published by blockchain experts Dappgambl has cast an ugly light on the current state of the NFT marketplace.
Nippon executives will take over Ghibli’s business in October, although the studio will maintain complete creative independence.
Thanks to a new report by CNBC’s Alex Sherman, we now know far more about the tumultuous period from 2020-2022 when The Walt Disney …
In an SEC filing made on Tuesday, WBD adjusted its 2023 earnings forecast by between $300M-$500M.
The actor’s union SAG-AFTRA could strike against video game companies if they can’t come to an agreement on the use of artificial intelligence in game production.
The company hopes to exploit the Care Bears IP in much the same way Mattel has done with Barbie this summer.
Tracking layoffs across the animation, vfx, and gaming industries.
The layoffs are part of a larger restructuring happening at parent company EA, which is cutting 6% of its global workforce.