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Riot Games Makes Equity Investment In ‘Arcane’ Animation Studio Fortiche
Riot now holds a significant non-controlling stake in Paris-based Fortiche.
Business
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.
Explainer: Why The UK Government Axed The Young Audiences Content Fund
The government spent USD$60 million on kids’ programming over three years. That funding stream will now disappear.
Sony To Buy ‘Destiny 2’ Developer Bungie For $3.6 Billion
Bungie will operate as an independent subsidiary and its games will not become exclusive to Playstation.
Bob Iger Doesn’t Think Audiences Will Return To Movie Theaters In The Same Numbers Post-Pandemic
For theaters, Covid was “severe injury that maybe doesn’t heal,” says Iger.
DNEG Will Go Public In $1.7 Billion SPAC Deal
The vfx giant’s move follows an abandoned plan for an IPO.
Why Did Netflix’s Value Plunge By Over 20% Overnight?
How does the biggest streaming service lose $45 billion in market cap, especially after gaining over 8 million subscribers in three months?
Youtube Shuts Original Programming Division
The company will continue to fund original content through its Black Voices and Kids Funds.
A New Report Maps The Booming US Market For Anime Streaming
The research outlines the history of anime streaming in North America, and the main stakes in the market today.
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