Bob Iger Made Bob Chapek’s Time As Disney CEO “About Three Years Of Hell,” Says New Report
Thanks to a new report by CNBC’s Alex Sherman, we now know far more about the tumultuous period from 2020-2022 when The Walt Disney …
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Warner Bros. Discovery Drops Expected 2023 Earnings By Up To $500M Due To Ongoing Strikes
In an SEC filing made on Tuesday, WBD adjusted its 2023 earnings forecast by between $300M-$500M.
SAG-AFTRA’s Video Game Actors Are Voting To Authorize A Strike
The actor’s union SAG-AFTRA could strike against video game companies if they can’t come to an agreement on the use of artificial intelligence in game production.
Care Bears Rightsholder Cloudco Acquired By Canadian Private Equity Firm Ivest
The company hopes to exploit the Care Bears IP in much the same way Mattel has done with Barbie this summer.
2023 Animation Industry Layoff Tracker
Tracking layoffs across the animation, vfx, and gaming industries.
EA’s Bioware Is Laying Off 50 Employees
The layoffs are part of a larger restructuring happening at parent company EA, which is cutting 6% of its global workforce.
Hasbro Launches Entertainment Division In Wake Of Entertainment One Sale
Hasbro Entertainment has appointed a trio of former eOne bosses to lead its film, tv, animation, and digital media businesses.
Invisible Universe Studios Appoints Former Disney, Skydance Exec Jonathan Schneider As President
Invisible Universe runs an IP-driven animation studio that builds audiences for its properties online before seeking traditional distribution.
Will Disney Split Its Business In Two?
And could separating linear tv operations from the rest of the company signal a future sale to a larger entity like Apple or Alphabet?
Lucasfilm/ILM Is Ending Its Animation And VFX Operations In Singapore, Where The Studio Produced ‘Star Wars: The Clone Wars’
The shutdown comes as parent company Disney is looking to cut 7,000 jobs and save $5.5B this year.
Pixar’s President Explains Why The Studio’s Films Cost So Much – And It’s Not For The Reason You Think
Pixar’s president offers some good reasons for why ‘Elemental’ cost $200 million to produce.
Hasbro Is Selling eOne’s Film & TV Business To Lionsgate For $500M, But Will Keep Kids Brands Including ‘Peppa Pig,’ ‘My Little Pony’
“Hasbro will continue to develop and produce entertainment based on the rich vault of Hasbro-owned brands,” said Hasbro CEO Chris Cocks.
Venue Operator Of Immersive Disney Animation Exhibit Files For Bankruptcy In U.S.
The Toronto-based company cancelled or prematurely closed the touring Disney exhibit in a number of cities last month.
Malaysia: Southeast Asia’s Ever-Evolving Animation Hub
With competitive incentives, a young and talented workforce, and progressive culture programs, Malaysia has become a SE Asian animation hub.
Canada’s Bron Studios Plans Restructure After Filing For Bankruptcy
The finance and production company behind ‘The Willoughbys’ and ‘The Adams Family’ says it has been struggling since the pandemic.
U.K.’s 39% Audio-Visual Expenditure Credit Extended To Animated Features
The move is aimed at attracting and keeping more theatrical animation production in the U.K.
Toon Boom Animation Software Acquired By U.S. Investment Firm For Over $110 Million
The new owner, Integrated Media Company, plans to “expand [Toon Boom’s] platform into new markets and to introduce ground-breaking products.”
Disney CEO Bob Iger Gets Contract Extension Through 2026
“Bob has once again set Disney on the right strategic path for ongoing value creation,” says Disney’s chairman of the board of directors.
Filipino Studio Toon City Expands With Vancouver Outpost Led By Atomic Cartoons Co-Founder Trevor Bentley
Toon City Vancouver will specialize in both traditional and digital services, with an eye towards co-production opportunities.
Montreal’s Tonic DNA Acquires Ngenious Studio
The company has also appointed Ngenious founder Éric Gervais-Després as its head of R&D and pipeline development.
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