Business Archives Page 12 of 218

Saudi Arabia’s Sovereign Wealth Fund Ups Its Stake In ‘One Piece,’ ‘Dragon Ball’ Producer Toei Company

The increased investment comes just weeks after Toei published an ambitious 10-year financial plan.

Warner Bros. Discovery Sues Paramount For An “Illicit Conspiracy” To Circumvent $500M ‘South Park’ Deal

WBD says Paramount used “verbal trickery” to circumvent the terms of their 2019 agreement.

After 25 Years, Canada’s Teletoon Channel Is Ending. It Will Rebrand as Cartoon Network.

In a concurrent move, the current Canadian Cartoon Network channel will rebrand as Boomerang.

Report: 2022 Was The Second-Best Year Ever For Gaming Investment, Mergers, and Acquisitions, And 2023 Could Be Even Better

After two strong years back-to-back, the gaming industry could be looking at a historic 2023 if Microsoft gets its way.

Amazon, Superplastic Close First-Look Deal, Amazon Studios Developing Janky & Guggimon Animated Series

Amazon’s Alexa Fund also led a $20 million Series A fundraising effort for Superplastic.

Genius Brands’ Frederator Network Signs First-Look Deal For Content From Buzzfeed Animation Lab

The first Buzzfeed IP short-form content for series development by Frederator will be ‘The Land of Boggs.’

Stable Diffusion Is Launching An AI Text-To-Animation Tool In Partnership With Krikey

Krikey says that AI animation can be “the foundation of the next creator economy.”

Disney Is Laying Off 7,000 Workers. Our New Video Essay Explains What CEO Bob Iger Is Doing.

Watch our collab video with The Investor Channel host Colin Tedards as he explains how to read quarterly earnings reports, and why Disney is laying off 7,000 people.

Aardman Boss Warns U.K. Animation Will ‘Go Off The Edge Of A Cliff’ Without Government Aid

Aardman managing director Sean Clarke also lamented poor animation education standards in the U.K. and said graduates who enter the workforce are not “production-ready.”

‘Hair Love’ Producer Lion Forge Animation Looking To Raise $50 Million Through Private Equity

The Oscar-winning Black-owned studio will use the funds to expand its staff, media library, and acquisitions.

Deaplaneta Acquires BRB Internacional’s Library Of Animated Characters

The acquisition includes ‘The World of David the Gnome,’ ‘Dogtanian and the Three Muskehounds,’ ‘Around the World with Willy Fog,’ and ‘Bernard Bear.’

NFT Company Doodles Acquires Trans-Atlantic Animation Studio Golden Wolf

Golden Wolf CEO and founder Ingi Erlingsson will become Doodles’ new chief content officer.

‘Baby Shark,’ ‘Bebefinn’ Producer The Pinkfong Company Appoints David Levy As Head Of U.S. Studio

Based in L.A., Levy will head the development and production of original IP in short-form and long-form content and oversee co-productions.

Genius Brands Unveils New Platform Genius Networks, Consolidating Frederator Network, Kartoon Channel!, And Ameba

The new platform will combine the catalogs and creative networks of all three Genius subsidiaries under one banner, headed by Todd Steinman.

‘Koala Man’ Showrunners Dan Hernandez, Benji Samit Sign New Deal With 20th Television Animation

The duo signed a multi-year deal to create, develop, and produce new shows through their company Hermit House.

Why Did AMC And Netflix Drop Their Adult Animation Series ‘Pantheon’ And ‘Inside Job,’ And Could Either Come Back Elsewhere?

Adult animation fans and artists take another hit as two more series get canceled, with ‘Pantheon’ removed from AMC+ entirely.

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