John Lasseter Brent Lang Madrid Coronavirus film president Music John Lasseter Brent Lang Madrid

Skydance Media Acquires Animation Unit of Ilion Studios

Reading now: 958
variety.com

By Brent Lang Executive Editor of Film and Media Skydance Media has acquired the animation unit of Madrid-based Ilion Studios.

The new entity will be rechristened Skydance Animation Madrid. The companies had been working together for some time. The acquisition gives animation chief John Lasseter control over all aspects of production.

Skydance and Ilion, both of which are privately held, did not disclose a purchase price. The deal will give Skydance roughly 500 employees across two continents.

It comes as Lasseter is trying to transform the company into a major force in animation. That transformation has been bumpy, at times, primarily because Lasseter’s hire was controversial.

Read more on variety.com
The website celebsbar.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA