UPDATE—September 4: A DreamWorks Animation spokesperson tells Cartoon Brew that Variety’s story that we referred to as our source was “largely inaccurate.” The spokesperson further says:
While we are in the process of working with Studio Mir to finalize a possible production agreement for ONE series, we would be engaging the studio on a “work for hire” basis, meaning they are not co-producers nor will they gain any interest in DreamWorks’ intellectual property.
Read the original Cartoon Brew story:
South Korea’s Studio MIR, responsible for the animation in The Legend of Korra and the fourth season of The Boondocks, has signed a major deal with DreamWorks Animation to produce four animated series over four years. Each 2D animated series will consist of 78 episodes, Variety reports.
Studio MIR will co-produce and co-develop the shows, a notably atypical arrangement between a Korean and American company. For decades, Korean animation studios have performed service work on American concepts, but they have rarely participated in the creative development of content for American producers. “The contract between DreamWorks and Studio Mir is a landmark in that it is a partnership of equals,” said MIR founder Jae Myung Yoo. “This contract is a solid opportunity for the entire Korean animation industry to create a better workforce and infrastructure in the field of animation.”