Paramount Looking to Launch Their Own Animation Studio

Get ready for another CG animation studio to hit Hollywood.

Paramount is reportedly pursuing the creation of their own animated arm, according to a press release.  The studio is ending its ties with DreamWorks Animation and is looking to produce an animated feature a year starting in 2014.

Paramount is looking to have a “mid-range” budget for each animated feature.  In this case, mid-range translates out to about $100 million per animated picture.

 

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