... dives into the animation pool.
“Shrek” producer John H. Williams and Henry Skelsey, managing partner of Fulton Capital Management LLC, have formed 3QU Media as a specialist in CG-animated feature films for the international marketplace.
3QU Media has completed funding from a group of investors for its initial slate of four films with budgets under $20 million, starting with animated comedy “Charming.”
Ross Venokur will direct from his script, which re-imagines the tales of Cinderella, Snow White and Sleeping Beauty after they discover they are all engaged to the same Prince Charming.
“Our purpose is to produce mainstream and commercially successful CG-animated family films with elements of comedy, adventure, romance and personal inspiration for the global market,” Williams said.
3QU Media is producing in association with WV Enterprises. Williams is producing and SC Films International is handling foreign sales.
Production has started at Cinesite’s new animation studio in Montreal. ...
Mr. Williams has a record of producing successful animated features, but also features that didn't set the box office afire. Happily N'Ever After cost close to $50,000,000 and didn't earn back its production cost in theatrical grosses. Critics were not kind.
If 3QU Media can make credible animated features at the $20 million price point (an iffy proposition) then it can likely generate profits.
But if wit and production values are low, then creating blockbuster movies will be a steep mountain to climb. With the budgets 3QU Media will be working with, they're not going to have a lot of room for do-overs, so the story and production crews are going to have to get it right the first time.
Good luck with that.
Add On: And of course there is a new Texas production house which the Brew details here.