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Tagged With: acquisitions

Biggest Breakup of the Year Headline News

Unity Terminates Working Agreement with Wētā FX, Lays off 265 Workers

2 years after purchasing the VFX company’s tools, pipeline, technology and engineering talent pool, the company moves to refocus on video game development, with a goal to become a major player in the professional M&E market; it will also shutter 14 offices.

Business Headline News

Disney to Purchase Remaining Stake in Hulu from Comcast

The company expects to spend approximately $8.61 billion by December 1 for Comcast/NBCU’s 33% stake in the streamer, minus the anticipated outstanding capital call contributions payable by NBCU to Disney, with final amounts to depend on assessment of fair equity value.

Business Headline News

GKIDS Nabs ‘Mars Express’ North American Distribution Rights

Screened as an official selection at the Cannes and Annecy film festivals, Jérémie Perin’s animated feature debut comes to theaters in 2024, following its domestic French release next month. 

The Biggest Gaming Deal Ever Headline News

It’s a Done Deal - Microsoft’s Activision Blizzard Purchase Approved

By Dan Sarto | Friday, October 13, 2023 at 9:28am

Two years after it was first announced, the U.K.’s Competition and Markets Authority (CMA) finally approves the nearly $70 billion acquisition, the largest ever in the gaming industry. 

It’s Anime-zing! Headline News

Crunchyroll Drops ‘The Concierge’ Trailer

The anime destination nabs North American rights to the new film based on Tsuchika Nishimura’s popular manga series; will compete at upcoming Animation Is Film festival in L.A. October 21 with wide release expected in 2024.

Here Kitty Kitty! Headline News

Jellyfish Originals Adapting ‘Toto the Ninja Cat’

Studio to produce animated comedy series, based on author Dermot O’Leary’s book series, about Toto, a partially sighted cat with razor-sharp senses, a nose for danger and a crime-busting spirit of adventure.

The Biggest Gaming Deal Ever Headline News

Is the CMA Set to Approve Microsoft’s Acquisition of Activision Blizzard?

The U.K. authority acknowledged that the restructured deal ‘makes important changes that substantially address concerns,’ in a statement last Friday, and will announce a final decision by October 6.

The Biggest Gaming Deal Ever Headline News

U.S. Court Overrules FTC’s Block of Microsoft’s Activision Blizzard Takeover

After winning the European Commission’s approval and triumphing over the FTC, the hard-fought acquisition may close by July 18 if the U.K.’s CMA block is rejected.

Business Headline News

France.tv Acquires Majority Stake in Dwarf Animation Studio

The deal accelerates the public TV subsidiary’s creative hub expansion to the South of France while providing a more robust infrastructure and access to cutting-edge real-time technology.

The Biggest Gaming Deal Ever Headline News

Xbox Acquisition of Activision Blizzard Approved by European Commission

The approval brings the Microsoft-owned gaming behemoth one step closer to closing its nearly $70 billion purchase, but there is more work to be done before the deal is finalized.

Business Headline News

Prime Video Scores Multiple New DC ‘Batman’ Titles

Acquisition of Warner Bros. Animation’s original animated movie Merry Little Batman, spinoff series Bat-Family and Batman: Caped Crusader to bring a reimagined ‘Batman’ mythology to the streamer’s global audience.

Business Headline News

WildBrain to Acquire House of Cool

In a deal set to close later this year, co-founders Wes Lui and Ricardo Curtis are named Co-General Managers of the Toronto-based pre-production studio, which will maintain its distinct identity under new parent company banner.

Business Headline News

DNEG Acquires Key Production and Post-Production Facilities in India

The leading VFX and animation studio’s deal with parent company Prime Focus Limited for India-based integrated film and TV studio assets includes PF Studios, Digital Intermediate, Equipment Rental Services (EQR), and PFL’s Advertising post-production business.

People Headline News

Aardman Appoints Laura Taylor-Williams as Head of Digital and Strategic Development

In the newly created role, exec will lead a team covering commercial and creative strategies in digital publishing, as well as the strategic direction of digital monetization across AVOD, FAST and EST.

Business Headline News

Genius Brands Consolidates Consumer Platforms Under Newly Created ‘Genius Networks’

Veteran Media and Entertainment executive Todd Steinman named President, Genius Networks, Uniting Kartoon Channel!, Ameba TV, and Frederator Network.

Business Headline News

Toho Acquires 50% Stake in Key Frederator Network Shows

The Japanese media company makes multi-million-dollar investment in the animated series ‘Bee and PuppyCat’ and Frederator’s ‘Bravest Warriors;’ companies to co-produce new series’ content and develop global consumer products campaign.

Business Headline News

Milk VFX Launching Bordeaux Studio in 2023

The award-winning visual effects house to kick off the new year with a new French-based facility helmed by Creative Director/Head of Studio Andy Morley; continued studio expansion follows the recent acquisition of Lola Post Production.

Business Headline News

MGA Entertainment Acquires Pixel Zoo, Forms MGA Studios Subsidiary

Studio will leverage MGA’s IP developing content in concert with newly acquired animation studio, a collaborative partner on previous projects, including ‘L.O.L. Surprise! The Movie,’ ‘L.O.L. Surprise! House of Surprises,’ and most recently ‘L.O.L. Surprise! Winter Fashion Show’ which premiered on Netflix in October.

Business Headline News

Sony Pictures Entertainment Buys Pixomondo

SPE bolsters its VFX and virtual production capabilities with purchase of the award-winning visual effects studio, which will join Sony Pictures Imageworks and Sony Innovation Studios to handle the company's growing film and TV production demand.  

Business Headline News

Duolingo Acquires Gunner Animation Studio

The deal adds 15 designers, illustrators, and animators to the learning platform’s design teams responsible for creating animation, a key component in how the company builds brand recognition and driving user engagement.

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