The little animation studio that could, can’t any more, as Imagi Animation Studios has laid off 300 of its employees and closed shop due to financial woes. If you’ve never heard of Imagi, you may have seen their work, with may being the operative word:
The studio launched in 2000 and after doing animation work for TV and in a supporting capacity with DreamWorks Animation’s Father of the Pride (2004), the studio had a moderate success in 2007 with TMNT. Unfortunately, their next film, last year’s Astro Boy opened to disappointing numbers, raking in only $23 million worldwide, which was less than a third of its budget.
Unfortunately, they did have another project in the works, Gatchaman, which is probably now dead.
via Imagi Animation Studios Shut Down; Is the Adaptation of GATCHAMAN Dead? – Collider.com.
