... [A] combination live action/computer animation feature is Adam Goodman‘s priority project for Paramount Animation right now. And he’s kicking off the toon division’s second project by going after one of Blue Sky Studios’ biggest names.
Based on an original idea and planned for Summer 2015, Monster Trucks could hopefully become a Transformers-like franchise the way Paramount sees it. So my sources say the studio is in final negotiations with Chris Wedge (Ice Age, Robots, Epic) to direct the planned $100M budget film which should start production in the first half of 2014. Mary Parent is producing, and Jonathan Aibel & Glenn Berger writing. Those scribes also scripted DWA’s Kung Fu Panda and Paramount Animation’s first project, the untitled SpongeBob SquarePants, which Parent also is producing as well as Noah for big Paramount. ...
Paramount has a hole to fill now that DreamWorks Animatoion has left the corporate fold. And it appears that they are filling it.
(Our fine, entertainment conglomerates view theatrical animation as a profitable growth area. The recent box office performance of various full-length cartoons probably have something to do with this outlook.)