‘Significant’ Layoffs To Hit Pixar In 2024 – Report
For the second year in a row, Disney-owned Pixar will undergo major layoffs.
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Unity Software Laying Off 1,800 Employees, Around A Quarter Of Its Workforce
This is the fourth round of layoffs at Unity since July 2022, and will affect “all teams, regions, and areas of the business.”
Toon Boom Animation Appoints Former Corus Exec Colin Bohm As New CEO
The Harmony and Storyboard Pro developer was purchased by New York-based investment firm Integrated Media Company earlier this year.
UTA Signs ‘Steven Universe’ Creator Rebecca Sugar, ‘OK K.O.!’ Creator Ian Jones-Quartey
Sugar, who recently released her first solo music album, and Jones-Quartey will be repped by the agency in all areas.
‘Invincible’ Producer Skybound Entertainment Launches Skybound Japan
The new division’s first project is a series adaptation of the graphic novel ‘Heart Attack’ co-produced with Fuji TV.
Hungary’s Digic and Zen Studios Suffer Layoffs As Parent Company Embracer Group Continues To Make Cuts
According to Embracer, the company laid off 900 workers worldwide in Q2 of this year, around 5% of its global workforce.
Unity Software Laying Off 265 Employees From Its Unity Weta Tools Division
Unity purchased Weta’s tools, pipeline technology, and 275 engineering staff for $1.625 billion less than two years ago.
Disney To Purchase Comcast’s Hulu Shares, Becoming Sole Owner Of The Platform
Disney will pay at least $8.61 billion for Comcast’s 33% stake in the company, but that total could change before the deal is finalized.
Shocker: John Lasseter And Skydance Animation Ditch Apple For Netflix Deal
Netflix will begin releasing Skydance animated features in 2024, starting with Vicky Jensons’ ‘Spellbound.’
Move AI Raises $10 Million. Its Mo-Cap Animation Tech Requires Only An Iphone
The company’s aim is to “democratize 3d animation.”
Microsoft Closes Activision Blizzard Acquisition After Receiving U.K. Approval
Approval was granted after Microsoft agreed to sell Activision’s cloud streaming rights for all current and new titles to Ubisoft.
Report: Layoffs To Hit Netflix Animation As Part Of Division Restructuring
The layoffs are part of a restructuring process that will also result in less animation produced in-house.
Studio 100 Media Acquires Stake In ‘Inspector Sun’ Studio 3 Doubles Producciones
The two companies are currently working on ‘Giants of La Mancha,’ to be released in 2024.
Rooster Teeth Removes Popular Videos From Youtube, Asks Fans To Watch On Its Website
According to the company, ad revenues are 5-10x higher when fans watch videos on the Rooster Teeth website.
Dreamworks Animation Lays Off 70 Workers
Dreamworks’s television department was hit especially hard as production has slowed down in that division.
Dreamworks Shifting Away From In-House Production In Los Angeles; Sony Imageworks Is A New Production Partner
EXCLUSIVE: As part of cost-cutting measures, Dreamworks Animation is shifting away from producing films fully in-house at its Glendale, California headquarters and will rely more heavily on third-party studios.
Chinese Streamer Bilibili Unveils 68-Title Animation Pipeline As Demand For Local Productions Skyrockets
According to Bilibili, viewership of Chinese animation on the platform has increased six-fold over the past five years.
New Zealand’s Floating Rock Studio Unveils The Trailer For Its First IP, ‘Kyōryū,’ About Samurai Dinosaurs Living In Postapocalyptic Japan
Floating Rock recently received a $2.5M venture capital investment that helped expand the studio’s original IP division.
95% Of NFTs Are Worthless, And The Ones That Aren’t Have Plummeted In Value
A new study published by blockchain experts Dappgambl has cast an ugly light on the current state of the NFT marketplace.
Planning For Life After Miyazaki, Studio Ghibli Sells Controlling Stake To Nippon TV
Nippon executives will take over Ghibli’s business in October, although the studio will maintain complete creative independence.
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