AWN Headline News

3dfx Interactive Inc. announced the completion of its merger with GigaPixel Corporation. Subsequently, George T. Haber, a founder of GigaPixel, and Andrei M. Manoliu, a member of the GigaPixel board of directors, will join the 3dfx board. "The merger marks an important step in enhancing the 3dfx technology leadership and expanding our business for the future," said Alex Leupp, president and CEO of 3dfx.

netGuru, Inc. (formerly Research Engineers, Inc.) has expanded its netGuruDigitalmedia facilities to provide animation, production and digital media services for U.S. and offshore producers. Based in both Yorba Linda, California, U.S.A. and Calcutta, India, the company offers animation services including 2D animation, clean-up, in-betweening, digital ink and paint, 3D animation, special effects compositing, audio/video editing, and Web and interactive animation and graphics. netGuru also markets AXA Team 2D Pro, a 2D pencil test and ink and paint software package, and newly released AXA-Web.

Sources say that Vancouver-based film producer Lions Gate Entertainment is on the verge of purchasing Harvey Entertainment. As reported in VARIETY, Harvey chairman/CEO Roger Burlage has been shopping the home of Casper around to many companies. Last spring Burlage saved Harvey from acquisition by Artisans by securing US$17 million in funding from entertainment company Kushner-Locke and then-investment banker and current Lions Gate vice-chairman, Michael Burns. The funds came in the form of $11.5 million in cash and $5.5 million in Kushner-Locke stock.

Toon In is AWN's guide to what's new on the Net. This week's installment features Annecy aired shorts, Playboy contest winners and much, much more.

Get your Toon In here!

Every week AWN's associate editor Rick DeMott highlights what he thinks is the top new toon in cyberspace in "Rick's Picks!"

Rick's Pick For Friday, August 4, 2000!

Columbia TriStar Home Video is set to flood stores with HEAVY METAL 2000 and the original 1981 Heavy Metal in a two-pack release. On October 17, 2000, the HEAVY METAL sequel, which never found theatrical distribution in the U.S., will be available on VHS and DVD. The special widescreen DVD will feature Dolby Digital 5.1 sound and two-channel Dolby Surround Sound. The extra features on the HEAVY METAL 2000 DVD release will include: the short film JULIE STRAIN: SUPER GODDESS, animation tests, the trailer and multiple language tracks in English, French, Spanish and Portuguese.

In light of Nasdaqs delisting of their stock, troubled animation producer Cinar Corp. has brought in investment bank Merrill Lynch & Co. to help assess the future options for the company, which may include the sale of all or parts of the company. "Merrill Lynch & Co. will work with us and our current advisors, PricewaterhouseCoopers LLP, to review all strategic alternatives available to the Company in order to maximize future shareholder value, including any proposed business combination, partnerships or mergers," said Barrie Usher, President and CEO of CINAR.

* Thursday, September 7 Sunday, September 10, 2000. Brisbane, Australia.