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Godzilla Producer Toho Makes Animation A Keystone Of Its 10-Year Business Plan
Toho saw its animation-driven revenues double over the past year, and will look to continue that growth in Japan and abroad.
Business
Bob Iger-Backed Metaverse Startup Genies Passes $1B Valuation After Latest Funding Round
The company allows you to buy, sell, and create cg clothes for your personal animated character.
Baobab Studios Makes Five New Hires, Including Oscar-Nominated Director Erick Oh
Baobab Studios has added two animation directors, two games directors, and a new director of marketing in its latest round of appointments.
Psyop Opens Physical Studio In Germany, Plots Future European Expansion
Although the company works entirely in the cloud, it is opening a new studio hub in Berlin.
Sony, Lego Investment Group Make $2B Investment In Epic Games’ Metaverse Plans
The three companies will work together to “create new social entertainment exploring the connection between digital and physical worlds.”
Discovery Completes Acquisition Of Warnermedia From AT&T
Discovery and Warnermedia have now merged into Warner Bros. Discovery.
Vimeo Is Randomly Hiking Prices – And Will Remove Your Videos If You Don’t Pay
One creator was recently threatened with a 1,650% price increase for video hosting.
Riot Games Makes Equity Investment In ‘Arcane’ Animation Studio Fortiche
Riot now holds a significant non-controlling stake in Paris-based Fortiche.
Disney+ To Introduce An Ad-Supported Subscription Offering In Late 2022
The new pricing tier will help Disney reach its goal of 230-260 million subscribers by 2024.
Cinesite Staff Can Now Work Permanently From Home
“Things will never be the same again for our teams,” says the company.
‘South Park,’ ‘Beavis And Butt-Head’ Libraries Join Growing Paramount+ Slate
The streamer will start its international rollout this year.
Disney+ Has Turned ‘Encanto’ Into A Franchise, Says Disney CEO
The company reported better-than-expected subscription growth for Disney+ last quarter.
National Film Board Of Canada Merges English Animation And Digital Studios
Rob McLaughlin will lead the new Animation and Interactive Studio.
Crafty Apes Acquires Molecule VFX, Will Expand New York Studio
The companies have worked alongside one another on the series “Genius: Aretha” and “P-Valley.”
New ‘Smurfs’ Movies, Including Musical, In The Works At Nickelodeon And Paramount
The film will be scripted by Pam Brady, co-creator of the notorious “Mr. Wong” web series.
Fox Entertainment Buys Gumby And Will Relaunch Character With New Series, Merchandising, And NFTs
Gumby and Pokey are being revived in the 21st century.
A Viral Two-Hour Youtube Essay Makes The Case Against NFTs
Youtuber Dan Olson sees the system as geared toward the interests of a select few investors — and so against artists in general.
Jay Ward Productions And Wildbrain Strike Deal To Create New Cartoons
The deal also covers distribution and licensing for all Ward-owned IP.
Animation Artists Are Anonymously Sharing Salaries, And The Pay Disparities Are Huge
Some animators earn $35k, others $175k.
Epic Games Leads $20 Million Funding Round For Spire Animation Studios
Spire will use Epic’s Unreal Engine to produce animated features and expand into the metaverse.
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