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Cartoon Saloon Names ‘The Breadwinner’ Producer Anthony Leo CEO
The Oscar-nominated producer and Aircraft Pictures co-founder steps in as the Kilkenny studio enters a new phase of growth and global animation production.
Business
That’s Really All Folks! Netflix Walks Away From Warner Bros. Deal, Clearing The Way For Paramount
With Netflix declining to raise its offer, Warner Bros. fate lies in the hands of government regulators, as Paramount Skydance moves closer to taking control.
Josh D’Amaro To Replace Bob Iger As CEO Of The Walt Disney Company
D’Amaro will take over for outgoing boss Bob Iger on March 18, with Dana Walden also set for a promotion to president and chief creative officer.
Blue Ant Media Finalizes Its Takeover Of Thunderbird Entertainment, Including Atomic Cartoons
Atomic’s leadership will remain in place to lead Blue Ant’s animation division, expanding the company’s production scale and global reach.
Netflix Plans 10% Increase In Content Spend As Q4 Earnings Show Continued Growth
During an earnings update on Tuesday, the company touted growth from ads, memberships, and new formats, while also addressing its Warner Bros. deal.
Netflix Converts Warner Bros. Deal To All-Cash To Shut the Door On Paramount
The streamer removes the stock-based part of its offer, speeding up the shareholder vote and strengthening its case against Paramount’s takeover attempts.
All Of Sony’s Films Will Head to Netflix After Their Theatrical, Home Entertainment Windows Under New Pay-1 Deal
Under the new deal, Netflix will become the exclusive first-window streaming platform for Sony films worldwide after their theatrical and home releases.
WBD Rejects Yet Another Paramount Skydance Takeover Attempt
Warner Bros. Discovery rejects a revised takeover bid from Paramount Skydance, despite new guarantees from backer Larry Ellison, reaffirming its Netflix deal.
WildBrain Sells Its Peanuts Stake To Sony For A Debt-Free Balance Sheet
The sale erases WildBrain’s debt and shifts focus to scaling wholly owned franchises, digital platforms, and long-term margin growth.
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.
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.