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IMAGI news
I was reading that Variety reported this about IMAGI: Imagi Animation has brought in Mark Pawley as a major outside investor, selling new shares worth HK$311 million (just short of US$40 million at current exchange rates) that will give Pawley 18% of the company and the right to nominate two directors to the board. Imagi stated that the proceeds will be used for "the development of four full-length feature computer graphics imagery animation movies scheduled tentatively to be released from 2009 to 2011."
A new investor will keep the company solvent and hopefully speed up production on its films. At the Anime Expo the IMAGI rep said that their schedule is to release a new film every 18 months; however, since there is no release for 2008 I don't see that as being feasible. The only films coming out are Astroboy in Fall 2009 and Cat's Tale in Summer 2010.
I just hope they keep the Gatchaman movie going on track.
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Old age is a high price to pay for maturity.
An interesting piece of news -If a new investor can keep production on track better, than it's a good thing. It would be extremely exasperating if the Gatchman film were to get the axe!
It's more than a little scary that they didn't mention Gatchaman!
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At the IMAGI booth they wanted to focus on Astroboy but I noticed quite a few people asking about the Gatchaman movie (besides me!). I hope they keep that in mind.
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Old age is a high price to pay for maturity.
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Don't sweat the petty things and don't pet the sweaty things.
I hope they decide to bring more information to comic con for all the Gatch people going.
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Every child is an artist. The problem is how to remain an artist once we grow up- Pablo Picasso.
ITA! I hope they take notice of how many people are asking about it!
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Hi all!
The Animation World Network had an article on this as well, the text of which can be found below. The original article can be found at:
Animation World Network
This article does mention Gatchaman as being in production. I'm surprised that the Variety article mentions Cat's Tale, since I had been led to believe that this film had been axed a while ago. Similar articles to the one below can be found on a number of different websites simply by search for "Mark Pawley Imagi."
James
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New Investor Cashes In On Imagi
July 07, 2008
Hong Kong- and Los Angeles-based animation studio Imagi, who most recently released last year's TEENAGE MUTANT NINJA TURTLES, has secured financing for its next slew of films by a major outside investor, per VARIETY.
Imagi is selling new shares worth $40 million (HK$311 million) to Mark Pawley, the former Asia Pacific investment banking head of Credit Suisse First Boston. That gives Pawley a 18 percent share of the company and the power to nominate two directors to Imagi's board.
The studio hopes to release a film every eight months and will use the money to develop four full-length CG movies between 2009 and 2011.
It is currently in production on ASTRO BOY and GATCHAMAN, both comic book adaptations.
Issue price of the new shares is 11 cents, about 40 percent higher than the average stock price last week. Pawley has been in talks with Imagi for more than nine months, and bought the shares through his Oxley Spring Media company.
Summit Ent. will distribute ASTRO BOY worldwide except in Japan, Hong Kong and China. The picture was to be distributed jointly by Warner Bros. and the Weinstein Co., but Imagi announced last month their change in plans.
Slated for worldwide theatrical release in 2009, ASTRO BOY will feature the voices of Nicolas Cage, Donald Sutherland, Nathan Lane, Bill Nighy and Eugene Levy with Freddie Highmore in the title role.
ASTRO BOY was created by the "god of manga," Japan's Osamu Tezuka, in the early 1950s. The iconic character has since found wide popularity around the world as the hero of three acclaimed animated television series spanning the past four decades, besides being one of the top licensed properties for merchandising.
Thanks for the info, Condorfan and James! At least that's one less worry (financial backing for the productions). And it looks like, as of now, Gatchaman is a go. If they released the info in a press release, and showed/are planning to show short pre-production/concept vids at Cons, it looks like things are going in the right direction.
Let's just hope they keep going in that right direction!!!
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Hinotori
Eagle in Charge
Since when was Gatchaman a 'comic book adaptation'?
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Old age is a high price to pay for maturity.
But Astro boy certainly was a comic book adaptation.
maybe thats where the confusion lies
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"If you think I am a Condor, you may keep that opinion;
Though I am no Condor, my Skylines rusty enough."
Hi all!
Well, to be fair, Astro Boy did start life as a comic book. So they were half right. And Gatchaman did have comics, but they were created because of the TV series, not the other way around.
James
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Every child is an artist. The problem is how to remain an artist once we grow up- Pablo Picasso.
This thread has got me thinking...what if someone decided to do new manga of Gatchaman? Whenever I go into the bookstores, the manga section is full of teenagers reading the books. Or would new adventures be screwing things up like Top Cow did?
Just wondering...
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Old age is a high price to pay for maturity.
Star Wars had lots of books written after the original three movies had been released. The authors just kept to canon from what I remember. So why could they have authorized people to write stories in the Gatch universe.
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Every child is an artist. The problem is how to remain an artist once we grow up- Pablo Picasso.
Hey if a publisher needs talented writers to write Gatch and/or BOTP, they need look no further than the writers at Gatchamania.net!
Ok, Ok I'm bootlicking but I love the fics!
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Old age is a high price to pay for maturity.
Condorfan. You know how to score Brownie points. I'd love to get paid for writing ficcies!!! I bet TJ and Springie would too.
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Every child is an artist. The problem is how to remain an artist once we grow up- Pablo Picasso.
Of course I would love to get paid for writing fics! Do I think it's gonna happen?
Uh.... no.....
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TJ and Ebony-
+ - This was the best I could find to pay you with. But if there was a Million Dollar Smiley, I would have given you that for all of your beautiful writing.
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