Tuesday, August 30, 2016

More Players Wade Into the Pool

Apparently this "Hey everybody! Animation Mmes money!" meme is getting around.

Bob Bacon, a former executive at Disney and Paramount Pictures, has just been named CEO of Alpha Animation, a new division of the China-based Alpha Group Co. The division will produce animated features for worldwide distribution. The appointment was announced this morning by Alpha Interactive Entertainment CEO Chen De Rong. Alpha Animation will leverage existing IP and create original fare with plans to release its first film in 2020 and then drop one film a year after that. ...

The company, founded in 1993, is now the largest animation group and a leading pan-entertainment platform in China after it transformed itself from a toy-oriented company.

Besides the formation of Alpha Animation, Alpha Group also recently established an L.A.-based live-action feature film development company called Alpha Pictures to focus on developing U.S.-China co-productions based on properties from U17.com, the largest online comic book platform in China. ...

Bacon most recently was EVP Production at Paramount Animation, where he served as head of the animation division, overseeing the production and launch of the 2015 hit film The SpongeBob Movie: Sponge Out Of Water. ...

Prior to his stint at Paramount, he was a production executive for Disney’s Touchstone Pictures on the 2011 animated feature release Gnomeo And Juliet. He started his career at Disney in 1991 working on such animated family favorites as Beauty And The Beast, Aladdin, The Lion King, Tarzan and Lilo & Stitch. ...

The takeaway from this is that more companies, global and otherwise, are getting into animation in a major way.

Comcast purchases DreamWorks Animation; Hasbro (another toy company) grows its animation arm. Warner Bros. starts a new animation division.

It's a definite trend. And the profit angle has a lot to do with all the movement toward cartoons.

1 comments:

henry said...

There are so many company that create good animated movies..

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