Netflix acquires Australian animation studios Animal Logic

Netflix acquires Australian animation studios Animal Logic. News a few hours ago the acquisition by the streaming platform Netflix of one of the largest and awarded animation and special effects studios in the world.After the acquisition of the Scanline VFX studios last November and the mega-deal with the DNEG studios worth $350 million for the making of animated and hybrid feature films, now Netflix announces the acquisition of Australian studios Animal Logic (with offices also in Vancouver and Los Angeles), award-winning and well-known independent studios specializing in animation and special effects, including whose works include Happy Feet, Legend of the Guardians: The Owls of Ga'Hoole, The LEGO Movie franchise and Peter Rabbit 1 & 2, as well as live-action film The Matrix, Moulin Rouge, 300, The Great Gatsby and many more.The terms of the acquisition have not yet been disclosed but the transaction is expected to close within the year.Operations that, all together, show the brand's will to expand heavily in the world of animated productions, a few days after the release of the film Sea Beast and with high expectations for the films Wendy Rogers's The Magician's Elephant, Nora Twomey's My Father's Dragon, Nick Bruno and Troy Quane's Nimona, Henry Selick's Wendell & Wild, Guillermo del Toro's Pinocchio and the Chicken Run sequel by Aardman."Netflix has been investing in animation over the past few years and this furthers our commitment to building a world-class animation studio," said Amy Reinhard, Netflix Vice President of Studio Operations. "Animal Logic is a leading animation studio with innovative technology that will strengthen our existing business and increase our long-term capacity in the animation space, so that we can better entertain our members around the world"."After 30 years of producing great work with great people, this is the perfect next chapter for Animal Logic", said CEO and co-founder Zareh Nalbandian. "Our values and aspirations could not be more aligned with Netflix, in working with diverse content makers, producing innovative and engaging stories for audiences around the world. Our collective experience and talent will open new doors for all our teams and will empower a new level of creativity in animation"."The strength of our partnership across a number of projects is testament to our shared creative vision", said Animal Logic's COO Sharon Taylor. "Solidifying our future together felt like a mutually beneficial, natural progression and I am so excited to continue to build on our success together".[ Fra - source AWN ]. End of the article.