Major Netflix Animation Leak Traced Back To Burbank Post-Production Company
Netflix says it is “aggressively taking action” to have the materials removed from the internet.
Netflix says it is “aggressively taking action” to have the materials removed from the internet.
After 26 years of operation, the Cartoon Network website has been shut down.
The two London-based companies distribute over 3,500 half-hours of entertainment content.
The company is also moving around 12% of its workforce into parent company Sony Interactive Entertainment.
The combination of the two companies lifts their workforce to over 900 artists.
The company’s closure is attributed to “severe cash flow problems.”
The new acquisition nearly doubles the size of Duolingo’s Detroit-based animation operation.
The deal will have huge ramifications for the animation industry, including a major new role for John Lasseter.
The studio’s last day of operation will be July 5.
The company plans to start releasing its own original content in 2025.
She replaces Karen Toliver, who will leave the company.
After years of mismanagement, the 40-year-old Japanese studio has ceased operation.
The deal is valued around $8 billion.
Brown Bag Films head Cathal Gaffney is also calling for more transparency from other studios about how they intend to use AI in commercial production.
The company is involved in new animated features such as Claude Barras’s ‘Savages’ and Adam Elliot’s ‘Memoir of a Snail.’
The studio was founded in 2013 by Masaaki Yuasa and Eunyoung Choi.
Approximately 14% of the studio’s staff is being laid off.
The decision to swing back to sequels is part of the company’s decision to “reduce output and focus more on quality.”
The network is licensing a significant part of the Warner Bros. Discovery classic animation library, as well as series and shorts from other companies.
Bakish’s departure happens as Paramount continues to negotiate a merger with Skydance Media.