Hollywood apparently isn’t the only industry town that will jump on a hot animation trend once it develops. The Hindustan Times reports that in the wake of several successful recent releases, India’s film industry—Bollywood—is plunging into animated production, with PPC, Yash Raj Films and UTV bankrolling over half a dozen ‘toon features between them. Stories […]
Sanjeev Waeerkar, UTV Creative Director, will hold a workshop in Mumbai titled “Animation for those who can’t draw” on January 19, AnimationXpress reports. The workshop, which is being organized by The Animation Society of India, will focus on “teaching acting, managing a team and handling the project in the way director wants,” according to Waeerkar.
DQ Entertainment has raised £26.8 million through the sale of 19.73 million shares on the London Stock Exchange’s AIM market for smaller growth stocks. The company will use the money to expand its production facilities and investments in production partnerships. Separately, the company says it has opened a new technology center in Hyderabad. [Sources: ShareCast.com; […]
Imagi Animation Studios has announced the placement of convertible bonds worth HK6 million (which is approximately $52.07 million in U.S. dollars at current exchange rates), which will be used to finance production of feature films, including its CGI animated versions of Astro Boy and Gatchaman. (via Comic Book Resources Comics Reel)