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Spain launches 'Planet One', with Hopes to Land in US

An article published in Daily Variety covers the trials and travails of Spanish animation house Ilion Studios in their effort to break into the CGI animation market with their $54 million collaboration with Handmade Films, Planet One, penned by Shrek screenwriter Joe Stillman. The movie, about a US astronaut who touches down on a planet inhabited by green-skinned creatures living a 1950′s-American picket-fenced lifestyle and inadvertently sparks an “alien invasion” panic was shopped around last week’s Cannes Film Festival.

It’s was estimated that a U.S. distribution deal would cost upwards of $20 million.

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