It’s A Done Deal: Paramount And Skydance Are Merging
The deal will have huge ramifications for the animation industry, including a major new role for John Lasseter.
The deal will have huge ramifications for the animation industry, including a major new role for John Lasseter.
Their new service offering will produce content for high-budget animation projects.
The company has on occasion hosted North Korean animators in Italy for animation training.
The studio’s last day of operation will be July 5.
Everything old is new again at Warner Bros. Discovery.
The announcement comes after Paramount Pictures CEO Brian Robbins said last year that the studio was moving away from original feature animation.
After years of mismanagement, the 40-year-old Japanese studio has ceased operation.
Another key figure from Walt Disney Animation Studios has joined John Lasseter-led Skydance.
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 studio was founded in 2013 by Masaaki Yuasa and Eunyoung Choi.
The independent Montreal vfx company aims to develop its own original animation projects and stories.
Approximately 14% of the studio’s staff is being laid off.
Workers are bracing for layoffs to hit at the company’s studios in the U.K. and Canada.
Bakish’s departure happens as Paramount continues to negotiate a merger with Skydance Media.
The company was known for its on-air branding and created thousands of bumpers, promos, and IDs for tv networks, particularly Cartoon Network and PBS Kids.
The Manchester area studio was also behind the high-profile reboot of ‘The Clangers.’
With nearly 800 workers, Icon is one of Vancouver’s largest animation industry employers.
The workers will be covered under the Animation Guild and the Motion Picture Editors Guild.
The effort to digitally preserve the former Burbank studio’s stairwell was led by artist and producer Calvin Wong.