The Playlist

Paramount Ups The Ante, Launches In-House Animation Studio

  • By Matthew Newlin
  • |
  • July 7, 2011 4:49 AM
  • |
  • 2 Comments
DreamWorks CEO Katzenberg Too Cocky To WorryYou have to give it to them: Paramount Pictures is not here to fuck around. The Wrap has reported that the studio will be opening its own in-house animation division -- Paramount Animation -- and expects to release its first film in 2014. Paramount Chairman, CEO and Certified Badass Brad Grey, has said that each film's budget will be in the $100 million range and that they anticipate releasing one film per year. Grey told The Wrap, "That's a price point we think is a smart business. The global market is vibrant for family fare, particularly if we stick to that price range."

Email Updates

Latest Tweets

Follow us

Recent Comments