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Toonz/First Serve Form Animation Joint Venture

Trivandrum-based Toonz Animation India and California-based First Serve Ent. will form a joint venture, First Serve Toonz (FST), which will produce and distribute animation programming for the international marketplace as well as operate a consumer products licensing business, AWN reports. Ed Borgerding, a 20-years veteran of The Walt Disney Company, has been named CEO of […]

Disney and Time-Warner Look Ahead for Wall Street

The New York Times covers the recent announcements that Disney is expecting disappointing results from its movie studio division, while Time Warner is expecting to meet its financial goals for 2005 (free registration required). The Times‘ coverage fails to note that Disney’s Chief Financial Officer Tom Staggs stated that Disney is still on-target to meet […]

Management Buy-out CPLG

Copyright Promotions Group — the licensing giant that represents the likes of Bratz, Care Bears, Dora the Explorer, Sabrina and The Simpsons — has been bought out by its management, who have acquired the share that was owned by US venture capital firm Beringea. The current management, led by Chairman Matthew Wheeler and CEO Kirk […]

Wyatt Named Hit North America President

Patricia Wyatt, former president of 20th Century Fox Consumer Products, has been named president of Hit North America, C21Media reports. Based in the company’s New York offices, Wyatt will be charged with expanding Hit’s consumer products and home entertainment businesses as the company looks to strengthen its bottom line. She will also be exploring opportunities […]

HIT Execs Get New Posts

Patricia Wyatt has been named temporary president of HIT Entertainment’s North American operations, World Screen reports. Separately, c21 Media reports that former HIT Entertainment executive Peter Urie has been named chief corporate development officer at TV Loonland.

Viacom/Yahoo! Teamup

Viacom Inc. has entered into a multi-year search marketing and Web search distribution agreement with Yahoo!, the company announced today. Under the undisclosed terms of the agreement, Yahoo! will provide multiple search marketing and Web search services to Viacom’s online properties including MTV.com and NickJr.com, among others. PR Newswire has details.

Icahn Meets With Parsons

As part of Carl Icahn’s continuing efforts to lift Time Warner’s stock price, Icahn on Thursday met with Time Warner CEO Richard Parsons, World Screen reports. According to a Time Warner spokesman, Icahn and Parsons “had a frank and open exchange of views.” Parsons reportedly made clear to Icahn that “the board and management are […]

Navarre Ups Deacon to President

Navarre Corp., parent of anime-distributor FUNimation, has named Cary Deacon as president and chief operating officer, the company says. [Source: PR Newswire]

IDT Names Braun, Davis to Executive Posts

IDT Entertainment has named Neil S. Braun to the post of President of Feature Films and Television and Jerry Davis to the post of Chief Creative Officer, Animated Features, the company said today. Braun will oversee all business deals regarding feature film and television properties. Davis will head up the development of creative content and […]

Corporate Shark Circling Time Warner

Corporate raider Carl Icahn is trying to form a faction of shareholders that would press Time Warner into a corporate restructuring, The New York Times (access requires free registration) reports. Icahn controls a hedge fund that owns five million shares of Time Warner, which is the parent of Warner Bros. Pictures and Cartoon Network. Icahn […]

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