AI-Driven Animated Video Generator Hedra Raises $32 Million
Money continues to flow into tech startups that have their sights set on eliminating every single last animation artist.
Money continues to flow into tech startups that have their sights set on eliminating every single last animation artist.
The studio employs over 40 animation crew members.
A new piece in ‘Bloomberg Businessweek’ paints a grim picture for the future of the 24-hour cartoon channel.
‘Inside Out 2,’ the most profitable film of 2024, netted Disney $650 million.
A new study shows that California’s animation industry is in dire condition and without stronger government support, the industry could collapse.
The company wants to make the process of creating animation less expensive and complex.
The company is best known for producing Tal Kantor’s 2024 Oscar-nominated short film ‘Letter to a Pig.’
As animation booms across Asia, the Korean government has announced a major investment initiative to grow its local industry.
The Scottish studio is among the few in our industry that is being transparent about its usage of AI.
The company’s Melbourne outpost is expected to create 80 jobs.
The full-service 2d animation studio, which had been in business for decades, employed over 100 workers during peak periods.
Aoshima is also guest directing on season two of Netflix’s ‘ Blue Eye Samurai.’
The passage of the bill could encourage more animation production in the state.
The company is rehiring dozens of employees from Mikros and Technicolor Animation Productions.
Rodeo FX’s purchase of Mikros Animation will preserve up to 287 animation production jobs in Canada and France.
Dobree wrote that “unstoppable market forces have resulted in a race to the bottom” and called for greater industry support and regulation for the animation/vfx industries.
The financially struggling company had paused operations earlier this month.
The studio cannot continue in its current financial state and says it is currently exploring all options for sale or investment.
The amount pledged to animation pales in comparison to the amounts given to tabletop games ($220 million) and comics ($46.5 million).
The studio also announced that it was cancelling an unannounced direct-to-streaming feature-length film.