Monday, November 07, 2011

Target Dates

... As in funds.

Investor understanding of target-date funds is high-including what the "date" in a target-date fund's name actually means and how the asset-allocation strategy for a target-date fund becomes more conservative over time, according to a survey released today by Global investment management firm AllianceBernstein.

The bad news: Slightly over 50% of that same survey group mistakenly believe that using target-date funds will guarantee that their retirement income needs will be met. ...

In TAG 401(k) meetings, I recommend the Vanguard Target Funds for people who want to deal with their 401(k) investments as little as possible.

I also recommend the Vanguard funds because they are incredibly inexpensive: 17 to 19 basis points.

Nice.

But my advice about Target Funds? Ignore the years attached to them and concentrate on the asset allocations. You want mostly bonds? Then opt for the VG Target Retirement Income Fund, with a 70% bond, 30% stock allocation. If a 50%/50% stock-bond split is more your style, then Vanguard Target Retirement 2010 is what you want.

And so on.

But I would definitely agree with the observations up top. Don't expect money you tuck away into a 401(k) Target fund to cover all living expenses in your Seasoned Citizen years. You'll need investment income, Social Security cash flow, and perhaps something from a monthly pension or annuity to round things out.

Upcoming TAG 401(k) Enrollment Meetings

Tues. Nov. 8th -- Disney Hat Bldng -- 10 A.M., 1300 confrnce rm

Tues. Nov. 8th -- Disney TVA Sonora Bldg -- 2 P.M., Rm 2066

Wed. Nov. 9th -- Bento Box -- 10 A.M., break room

Wed. Nov. 9th -- Fox TV Animation -- 2 P.M., main cnfrnce rm

Thurs. Nov. 10th -- Sony Pctr Anim -- 10 A.M., main cnfrnce rm

Thurs. Nov. 10th -- Nickldn -- 2 P.M., main cnfrnce rm

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The Linda Miller Interview -- Part I

TAG Interview with Linda Miller

Find all TAG Interviews on the TAG website at this link

Raised in the San Fernando Valley, veteran animator and storyboard artist Linda Miller knew what she wanted to do with her professional life from the moment she saw the flying Centaurs of Fantasia on a big, round-screen color t.v ...

Ms. Miller studied art history at Pepperdine University, and studied illustration and drawing at Art Center. Disney layout artist Guy Diehl pointed her toward Walt Disney Productions in the late 1970s, where she was accepted into the Disney Feature Training Program. This was the start of an animation career that includes supervising feature animation, directing prime-time television cartoons, and storyboarding and designing on a myriad of television projects ...

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Sunday, November 06, 2011

November Studio Roundabout

This coming week will be studio 401(k) Enrollment meetings. Last week was running to facilities in the east Valley. ...

* Hasbro has switched to paying vacation on regular paychecks. This means that there is no vacation accrual for TAG and other union employees. I get asked: Can they do this?" and the answer is yes, because Hasbro has no long-term practice about how they handle vacation payments. (Some studios pay vacatin automatically every March, others accrue four or six weeks of vacation pay, allowing employees to get the accrual when they take a week or three off. There is no one way.)

* Disney Feature (otherwise known as "Walt Disney Animation Studios") is well under way on Wreck-It Ralph, with animation now in work and lighters and finalers waiting for ramp-up. Development is as mentioned previously. (And Ron and John are still not doing "Jack the Ripper" or "Rumpelstiltskin," just so we're clear.)

* Disney Television Animation has (mostly) moved into Sonora. The issue over there has been the dust and lousy air and not-great air conditioning. Early last week when I walked through, I got an earful. I contacted a labor relations person who's been quite responsive in the past shot me an e-mail back that the problem areas are being addressed. (Here's hoping. It's a bummer to have your lungs tighten up because the space in which you're employed has pollution issues.)

* DreamWorks Animation is actually hiring a few people. As best I can tell, nobody was freaked by the soft opening of Puss in Boots (which, in any event, had a nice hold through its second weekend.) Madagascar 3, The Croods, and The Guardians continue in production. Numerous others continue in development. N

Nothing else comes to mind. (Nothing that I'm going to blat out here, at any rate.) The next TAG interview should be appearing shortly.

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One More Kitty Feature

... this one from Japan:

Animetropolis is pleased to announce that it has engaged IDA (International Digital Artists) as production partner and lead animation unit for its highly anticipated debut film, the CG-animated feature adaptation of TAILCHASER’S SONG, the acclaimed best-selling fantasy novel by author Tad Williams. ...

So this offering will be out (most likely) in 2013. And we'll get to see if the Asian animation contingent can create a feature that works in the global marketplace. It's bound to happen sometime. Maybe this will be the one.

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Animated/Mo Cap World Box Office

The boy reporter stays on top.

Taking first place in at least a dozen of 45 overseas markets played, Steven Spielberg’s The Adventures of Tintin: The Secret of the Unicorn scored its second consecutive No. 1 box office weekend on the foreign theatrical circuit with a $40.8 million gross ... [Tintin] has sailed past the $100-million mark with an accumulated tally of $125.3 million. ...

As for animated titles, they've been raking in some heavy coin as well:

... Ranking No. 3 on the weekend was DreamWorks Animation’s Puss In Boots, which grossed $15 million from 1,262 venues in just four markets ... Total foreign box office for the 3D animation spinoff of Shrek is $39 million after two rounds of foreign play ...

Disney sci-fi/action drama Real Steel has accumulated a total of $127.2 million. ... Fox’s Rise of the Planet of the Apes finished No. 1 in China for the second straight stanza, and collected $7.47 million overall on the weekend from 2,981 situations in five markets. Foreign cume comes to $294.3 million. ...

Other international cumes: Sony’s The Smurfs, $416.5 million; ... Disney’s The Lion King 3D, $53.1 million ...

We can see a trend here, can't we? Animation and Spielbergian Mo Cap -- which has a major dollop of animation in it -- is doing really, really well.

And our fine, not totally dense entertainment conglomerates have noticed this. They understand that C.G.I. in its various forms is a major commercial driver. Which explains why Southern California, despite having a smaller slice of animation's big fat layer cake than previously, has more animation work than ever before in its history.

The layer cake is that much bigger.

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Saturday, November 05, 2011

Cartoon Reading List

A few topics of interest on a rainy weekend:

Eighteen "animated" feature submissions to the Academy of Motion Picture Arts and Sciences. ...

Harold and Kumar get animated, maybe. (Since live action isn't enough.)

Warner Bros. Interactive Entertainment downsizes in Seattle.

Owen Wilson talks about cartoon voice-work.

Speaking of the Oscars: Andy Serkis pushed for Academy Award for Mo-Cap performance.

The American Film Institute Festival showcases nine animated shorts.

John Lasseter gets his star on Hollywood Boulevard.

The Magic Kingdom's "Snow White's Scary Adventures" will soon be slipped the axe. (Say it ain't so, Mr. Iger ...)

The L.A. Times profiles "Gundam" anime.

Animation producer Don Hahn recounts the trials and tribulations making The Lion King ... and other cartoon features.

Enjoy what's left of the weekend.

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The Weekend Derby

Now with moneyed Add On.

Puss has himself some grabby claws:

Puss in Boots dipped just 18 percent to an estimated $7.8 million. That's DreamWorks Animation's third-best second Friday drop behind Shrek and How to Train Your Dragon, which can be explained in part by a soft debut last Friday due to Halloween festivities and inclement weather in the Northeast. The movie has now earned over $50 million, and will almost certainly take first place for the weekend with between $29 and $33 million. ...

So, using the Koch Box Office Multiplier (patent pending), we'll estimate that Puss in Boots ends its domestic run at $140-$165 million. But let's see how it holds through the holidays, shall we?

Meantime, the Nikkster's weekend chart:

1. Tower Heist (Universal) NEW [3,367 Theaters] Friday $8.5M, Estimated Weekend $26M

2. Puss In Boots 3D (DreamWorks Anim/Paramount) Week 2 [3,963 Theaters] Friday $7.2M (-25%), Estimated Weekend $26M, Estimated Cume $66.5M)

3. Harold And Kumar 3D Christmas (NL/Warner Bros) NEW [2,875 theaters] Friday $5.5M, Estimated Weekend $15M

4. Paranormal Activity 3 (Paramount) Week 3 [3,286 Theaters] Friday $2.7M, Estimated Weekend $7.5M, Estimated Cume $94M

5. In Time (Twentieth Century Fox) Week 2 [3,122 Theaters] Friday $1.8M (-47%), Estimated Weekend $6M, Estimated Cume $21.7M

6. Footloose (Paramount) Week 4 [2,811 Theaters] Friday $1.4M, Estimated Weekend $4.3M, Estimated Cume $44.5M

7. Real Steel (DreamWorks/Disney) Week 5 [2,438 Theaters] Friday $850K, Estimated Weekend $3M, Estimated Cume $78.3M

8. The Rum Diary (FilmDistrict) Week 2 [2,292 Theaters] Friday $850K (-53%), Estimated Weekend $2.5M, Estimated Cume $9.9M

9. Ides Of March (Sony) Week 5 [1,391 Theaters] Friday $550K, Estimated Weekend $1.8M, Estimated Cume $36.6M

10. Moneyball (Sony) Week 7 [1,278 Theaters] Friday $475K, Estimated Weekend $1.7M, Estimated Cume $70.1M

Add On: And Puss takes the weekend crown.

The 3D toon grosses $33 million, nearly as much as its opening, while "Tower Heist" debuts to a subdued $25.1 million ...

... Paramount said the decision to move up the opening of Puss in Boots by one week, from Nov. 4 to Halloween weekend, paid off in spades, and that the film essentially enjoyed a two-weekend opening. Puss in Boots' 10-day domestic cume is $75.5 million, still slightly behind other recent toons at the same point in time, but DreamWorks Animation hopes to catch up next weekend ...

(So this means the DWA stock now bounces back, yes?)

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Friday, November 04, 2011

Hotel Transylvania Voice Talent

My friends at Sony Pictures just sent me this news:

... Miley Cyrus ... is joining the cast of Sony Picture Animation’s Hotel Transylvania as the über-vamp’s teenage daughter Mavis. Adam Sandler is voicing the famous blood-sucker ...

It would appear to me that after years of development, the movie is really and truly being made.

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State of the Motion Picture Industry Health Plan (In Four Parts)

(Including the state of the U.S. Health Care system -- shown in the video directly above.)

Several weeks ago, the IA rolled out its first informational meeting about the MPI Health Plan. (This is the plan that TAG members use, as well as a hundred thousand other IA members.)

The IATSE will have a number of similar meetings in Mid-November in L.A. and the east coast. Many TAG members have reserved places at three of these oncoming events, but we thought it would be useful to post the videos and links to this first for anybody who'd like to attend one of the others, but doesn't have a reservation to get in ...

Up in the header we have linked to all the videos, as well as here. The meeting is broken into four parts; we've posted Part 2, since it's an overview of the U.S. health delivery system as it is today and the most broadly relevant.

If you want to know what realities our health plan is facing, carve out a few minutes and look at the presentation.

Add On: David Wescoe, head administrator of the Motion Picture Industry Health and Pension Plan, reviews finances for the Plan.

Thought it was useful to put this piece up, since it gives people a nice snapshot of the financial health of MPIPHP.

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Etudes pour Duet Opens Saturday in Gallery 839

Selected works after the jump ..

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Thursday, November 03, 2011

Happy Cartoon Music ... Soviet Style!

You want lightness and brightness? Try zesty musical scores for cartoons in the Workers' Paradise.

Twentieth-century Russian music is often thought of as dark and brooding, a reflection of life under the thumb of a brutal state. ... Yet many of the same composers whose concert works often reflected a dark reality also wrote cartoon music for kids. ... Composer Dmitri Shostakovich turned out a merry cartoon score: "The Silly Little Mouse." ... The music for "Vinny Pookh" [the Russian version of Winnie the You-Know-Who] was penned by Mieczysław Weinberg, a Jewish composer who fled his native Poland in 1939 and headed east to the Soviet Union. ...

NPR has a tasty little piece on that Russian cartoon music -- complete with samples -- up top at the link. Until I listened to the story, I had no idea that Soviet animators had done their own version of "Winnie the Pooh" a full decade before the first Disney version.

I wonder if there are copyright issues?

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Riding the Blue Wave

$550 million (and more) dollars is nothing to sneeze at. Soooo:

Sony Pictures Animation has set screenwriters Jay Scherick & David Ronn to write the screenplay for an all-new POPEYE animated feature, based on the iconic characters of comic strip and cartoon fame. POPEYE is the second project for Scherick and Ronn with Sony Pictures Animation following their success with this summer's blockbuster THE SMURFS, which has grossed more than $550 million

It worked for the small blue people, it can work here (I guess.)

But actually, a full on c.g. animated feature of the Sailor Man makes sense. The character was the most popular cartoon star in the 1930s, and the Fleischers' bread and butter, cash-flow wise. If the Spinach Eater succeeded during the last Depression, why not during the new one? They stay true to the 1930s version of Popeye, this could work like gangbusters.

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Wednesday, November 02, 2011

So Maybe It's Going to Shreveport

Creative companies and projects can crop up in any number of places:

How to Build the Pixar of the IPad Age in Shreveport, Louisiana

[Moonbot's] first project, The Fantastic Flying Books of Mr. Morris Lessmore, was released for the iPad last May. ... Morris Lessmore may be the best iPad book in the world. In July, Morris Lessmore hit the number one spot on Apple's iPad app chart in the US. That is to say, Morris Lessmore wasn't just the bestselling book, but the bestselling *app* of any kind for a time. At one point or another, it has been the top book app in 21 countries. A New York Times reviewer called it "the best," "visually stunning," and "beautiful."

As far as I can tell, Moonbot isn't a sub-contracting-type studio. If anything, it's creating projects to feed Hollywood.

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Is It All Going ... Somewhere?

Pixar Canada releases its first short.

Air Mater falls short of the genius of other Pixar vignettes. A rather flat script about the tow truck with buck teeth becoming a formation flyer for an air show, Air Mater lacks the charm of Presto (about a magician) or the classic Luxo Jr, (the squeaky desk lamp saga). ...

I've no doubt that good work will be done at Pixar Canada. Just as good work is done in Australia, New Zealand, and France. And there is a probability that job shops in India will peel off more animation work, and that someday China will be a player.

But when all the chips clatter onto the table, it isn't the country, it's the talent pool.

Animation is globable. You can get it done at different price points in different corners of the world. This afternoon I was talking to a c.g. artist working on How To Train Your Dragon (the t.v. series) at a small boutique studio on Ventura Boulevard that is prepping DreamWorks' theatrical hit for its small-screen incarnation. He's a veteran industry, excellent at what he does, and he believes that India will ultimately take over. He's convinced that some of their studios with their lower costs will eat U.S. production's lunch. But I thought not.

"I've heard people say this for twenty-plus years. I've watched different production companies try it. They were trying with hand-drawn and now they try with computer generated images. Chris Meledandri and MacGuff Studios in Paris had a big hit, but who else? Paris, France isn't the low-cost provider. And that hit didn't come from India."

"You don't win by making a $30 or $40 million dollar animated feature that makes $25 million at the world box office."

Obviously, I could turn out be wrong. India is not ordained to make Roadside Romeo-quality films for the next thirty years. Maybe Mumbai will be the new Glendale-Burbank-Emeryville of 2055. But I continue to be skeptical. Good movies take more than hardware, software and artists working on a low weekly rate. It takes training, skill and talent.

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Thinking Big

Never a lack of ambition:

[Jeffrey] Katzenberg is considering forming a co-op to distribute third-party films in addition to DWA's lucrative animated titles.

And I have the perfect name for J.K.'s new distribution company: Name it after the street on which your studio sits.

(Flower Distribution!)

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Tuesday, November 01, 2011

Wage Theft: What Can You Do?

Many thanks to all those who have contacted me to discuss their experiences with Yurcor and other EOR companies. Through the documents that have been shared with us, as well as the correspondences with representatives of these companies, we're progressing with our plans to seek enforcement of the law and the return of wages to the affected artists. A special debt of gratitude needs to be paid to Justin Cone who exposed our efforts to the readers of his website Motionographer and brought us exposure we never would have been able to do on our own. While I am eager to update you on what has transpired so far, I can only say that we have significant progress and things are looking good.  I will continue to update our progress when I can.

I wanted to specifically address the frequent questions that have been raised about what artists can do if they wanted to act on their own to recover the wages that they lost to Yurcor. While its our intention of instigating a class action lawsuit which would cover the United States, some artists are eager to start the recovery process faster than we can initiate the claim. For them, I want to post some information that would be useful.

I've been in contact with the Labor Departments of California and New York. (I will contact the DOL of Washington tomorrow and post those results in comments.) Through those conversations, I was told what steps artists should take if they decide they are interested in pursuing action against Yurcor.

Before you proceed in any legal venture of this nature, you must have proper documentation of the transgression at your disposal. This would be copies of  Payroll Reports from the EOR that detail the employer tax withholdings for the entire claim you want to file. Meaning, if you worked for a studio for six months under Yurcor, and want to recover the wages withheld to pay the employer taxes, you will need records showing all six months worth of withholdings.

California

To file a claim with the EDD, follow the steps outlined under To Report Payroll Tax Fraud at https://askedd.edd.ca.gov/frmFraudStart.htm.

For the purposes of these reports, you should answer the questions on the Fraud Reporting Form as described:

To which EDD program does your report relate? with Payroll Tax Fraud

Does this report involve fraud by an EMPLOYER, EMPLOYEE, or BOTH? with Employer

In the subsequent form, list how Yurcor is withholding your earnings to pay the Employer Taxes for loaning you out to the visual effects studio. For name of person owning the business, list "Unknown" and leave the Full-Time and Part-Time employees.

New York

To file a claim with the Labor Standards Department of the New York Department of Labor, first have the LS 223 form completed.  The form is pretty self explanatory, however be sure to fill out the last few questions accordingly:

25. List the TOTAL amount of Employer Tax withholdings that were withheld from you by the EOR.  This is for the entire time you worked for them.  It is important that you have the documentation to back up this claim.

26. Mark the [Yes] box

27. Its best to list "See Documentation" and be prepared to show invoices for the period listed in the claim.

29. Mark the [Yes] box and write in the following column that the EOR withheld these monies to pay the employer-responsible payroll taxes.

With the form completed, call one of the three following numbers:

212-775-3680

212-775-3723

212-775-3880

According to the representative I spoke with, they make three numbers available in case one is busy.  All three are answered by the same office.  This will begin your claim and the Labor Standards Department will begin action against the EOR to recover your wages.


Under most state laws, employers are responsible to pay Unemployment Insurance, State Disability, State Income and Employment Training taxes for their employees. California's EDD explains this in their Employer's Guide (page 6). While Yurcor is most likely paying that on behalf of the artists they loan out to companies, doing so with artist wages is the illegal part.

As always, feel free to contact me with any questions, concerns or continued documentation.  We will continue our progress towards putting an end to this illegal and egregious practice that is so prevalent in the visual effects industry.

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The Rudy Cataldi Interview -- Part II

Mr. Cataldi worked for many of the major animation houses over fifty-seven years of employment, but his longest stint was with Hanna-Barbera. As Rudy relates: ...

TAG Interview with Rudy Cataldi

Find all TAG Interviews on the TAG website at this link

In 1962 I went to work for Hanna Barbera. I worked there for 23 years. It was there I met my beautiful future wife, Consuelo. We married in 1972 and have three kids: Johnny, Tomm and Tina. ...

Bill Hanna twice sent me to Korea. I directed Yogi Bear's First Christmas. The first time I was there I got caught in a student demonstration and had to run through the students going around my hotel. Tear gas was tossed ... and I got caught in the middle of it. ... The next day I called Bill Hanna and told him what had happened and asked him for combat pay, to which he replied "Okay. We'll talk about it when you come back ... IF you come back!" ...

Mr. Cataldi hung up his professional hat in June 2000 What does he do now? "I stay home and watch TV ... and I continue to breathe in and breathe out ..."

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Monday, October 31, 2011

DWA Stock Down, And ...

Financial analysts aren't happy.

Susquehanna Financial Group’s Vasily Karasyov: The weekend gross [of Puss in Boots] is “yet another argument supporting our thesis that it is time for the company to revise its film costs structure ...”

Which means what? (Insert your own imagined scenario here.)

You can always make c.g. movies cheaper. The question is, how do you make them more efficiently? And raise quality at the same time?

Backtracking on art direction, animation and/or story is something animation studios can't really do at this point. The bar keeps going up and won't be dropping down again. Film creators will need to go on leaping over it.

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Shocked

Why would a judge question the veracity and wide-eyed innocence of cartoon studios?!

... U.S. District Court Judge Lucy H. Koh issued a case management order in the class action litigation charging that Adobe Systems Inc., Apple Inc., Google Inc., Intel Corporation, Intuit Inc., Lucasfilm Ltd., and Pixar violated antitrust laws by conspiring to suppress compensation for their employees.

In the order, Judge Koh denied defendants' motion to stay discovery in part. ...

It's like my dear old grannie used to say: "We live in a fallen world!" (And thanks to VFX Soldier for bringing this to our attention.)

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The Mural on the Penthouse Wall

(c) The Disney Co.

For forty-plus years, there was a wood-paneled eatery on top of the Disney Animation Building (the building up above, not the structure on Riverside Drive.) And in that eatery was a mural, blown up from an art piece by Fred Moore ...

Mega Collector has a framed memorial of the art, which he generously shares.

Where the above visual might be at the present time, I know not. The small rectangle at the bottom? That's a membership card for the PH Club. Here's a closer view:

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