AWN Headline News

On Wednesday, June 21, 2000, Italian animation studio Mondo TV, owner of the country's largest library of domestic and imported TV cartoons, will go public on the Milan stock exchange. Currently, the Rome-based company is owned by Orlando and Matteo Corradi. For the first-quarter, the TV toon maker saw revenue of 6.5 billion Italian lira (US$3.25 million) and net earnings of 1.3 billion ($650,000).

SteeleVFX, Inc. has relocated its visual effects studio to Santa Monica. The new facility includes: a Java-enabled Henry Infinity suite (with Masher and Chaser planned); a Mac Graphics Suite featuring After Effects, Photoshop, Illustrator, and Lightwave 3D; a Sony 2000 D1; a Sony A-500 DBC; Beta SP; 60 Sec. DDR; dubbing facilities; a Tascam DAT; and D2, PAL DBC and FTP file transfer services. SteeleVFX was founded in 1996 by Jo Steele and visual effects artist Jerry Steele and specializes in non-linear on-line editing and visual effects compositing.

In the first major move from the Viacom/CBS merger, Viacom-owned Nickelodeon has verified it will program CBS's Saturday morning children's schedule with six half-hour series debuting Saturday, Sept. 16, 2000. The deal was rumored in February as part of the then pending Viacom and CBS merger [2/22/00]. CBS's Saturday morning lineup will feature new and existing series from the "Nick Jr." block, which features programs designed specifically to entertain and educate young viewers. CBS's 2000-2001 children's lineup, entitled "Nick Jr.

The Harvey Entertainment Company announced the acquisition of all television rights to one of the longest running comedy properties on the Internet, WALTER MILLER'S HOME PAGE. Emmy Award winner and former Saturday Night Live film producer Neal Marshad of Neal Marshad Productions will produce the pilot for Harvey, with Tony Eastman (director of Nickelodeon's DOUG pilot) set to serve as creative consultant. Kristin Hawley will head the project for The Harvey Entertainment Company. The site appeared in cyberspace September of 1995.

Nelvana Limited announced it has acquired the development, production, distribution and associated merchandise licensing rights for animated television programming, based on the 13-book series, DOCTOR DOLITTLE, written and illustrated by Hugh Lofting. Nelvana has also acquired the production publishing tie-in rights to animated television programming, which the company will develop and produce from its adaptation of the book titles. Nelvana will also develop and produce original stories based on the classic character, who made his book debut in 1920.

In July, Warner Bros. will start shooting HARRY POTTER AND THE SORCERERS STONE at Leavesden Studios in the U.K. The deal with Warner is similar to the one Lucasfilms struck for EPISODE 1. The production will occupy the entire 286-acre studio for about 18 months. The movie is based on the young adult book by the same name, which follows a young wizard during his training. Chris Columbus is directing the film. The scheduled release date for the picture is November 2001. No doubt the production will tap into the local talent just like George Lucas did for his 13-month PHANTOM MENACE shoot.

Makati City, Philippines-based pasi and BKN Kids have teamed up to co-produce 40 half-hour episodes of KONG, THE ANIMATED SERIES. As part of the pact, pasi and BKN will also produce a direct-to-video feature entitled KONG, KING OF ATLANTIS. The series is scheduled to air in over 80 territories. KONG will put a modern twist on the classic King Kong character by pitting the gentle-hearted giant against his enemies, who want to capture the power of the Internet. The demands of producing 40 episodes at a rapid schedule pace will require pasi to utilize several allied studios throughout Asia.

Spain's Terra Networks have announced that their shareholders have approved the company's US$12.5 billion purchase of U.S. Internet portal Lycos. The shareholders also okayed $17.7 billion in capital increases to pump up liquidity in the new arm. "The acquisition of Lycos is the big leap that will allow us to position ourselves as a truly global company," Terra president Juan Villalonga said at the company's shareholders meeting. The Spanish-language Internet server and provider announced last month its intention to purchase Lycos as an inroad to the U.S. market.