The financial terms of weren’t revealed. Skydance, founded by David Ellison in 2010, said the deak “combines the creative capital of Skydance with Ilion's best-in-class talent” and gives Skydance Animation – led by John Lasseter and Holly Edwards – full oversight of production.
The combined entity will have 500 employees across two continents and “the expanded creative capability, scale and leverage to deliver on its goal of becoming an industry-leading producer of high-end animated films and television series for audiences around the world,” said CEO Ellison.
“The world is going through an unprecedented and uncertain time. Today's acquisition marks the culmination of many months of work to build one studio across two continents, with the goal of creating the highest-quality animation, led by best-in-class talent from around the world,” Ellison said. “The addition of Skydance Animation Madrid to our portfolio of businesses underlines my passion and commitment to bringing iconic animated stories and characters to life from some of the most talented artists and voices in the industry.”
Waid Ignacio Pérez Dolset, founder, president and chief creative officer of Ilion: “This is a phenomenal growth opportunity for our team in Spain and we're proud to be an integral part of Skydance's exciting future.”
Luck Directed by Peggy Holmes The Little Mermaid: Ariel's Beginning and written by Kiel Murray Cars, Cars 3 and Jonathan Aibel & Glenn Berger the Kung Fu Panda series. When the unluckiest girl alive stumbles upon the never-before-seen world of good and bad luck, she must join together with magical creatures to uncover a force more powerful than even luck itself.
Spellbound working title Directed by Vicky Jenson Shrek, Shark Tale and written by Lauren Hynek & Elizabeth Martin Mulan  and Linda Woolverton Beauty and the Beast, The Lion King. A musical fantasy set in a world of magic where a young girl sets out to break the spell that has split her kingdom in two.
Pookoo working title/currently in development Written and directed by Nathan Greno Tangled and produced by Jennifer Magee-Cook The Princess and the Frog.
The 60th anniversary edition, set for June 15-20, will instead take place June 14-19, 2021.
The Annecy International Animation Film Festival, and its associated market, has been called off this year due to the novel coronavirus pandemic. The 2020 edition, set to be Annecy's 60th anniversary, was scheduled to run June 15-20. Instead, the event will be held June 14-19, 2021.
Organizers made the announcement "with tremendous disappointment" Tuesday.
"Over the past few weeks, driven by our passion and our enthusiasm, despite the confinement constraints we were nevertheless hoping to maintain the exceptional edition that we had in store for you," they said in a statement. "But today, the rationale and the international situation compel us to act with lucidity and responsibility. To show our respect and our deep gratitude to the health care providers, as well as all those who choose solidarity and the public interest."
Calling the Annecy festival "a party, a family gathering," organizers said they could not bring themselves "to celebrate animation and our 60th anniversary when some amongst you would not be able to attend."
Pushing the festival to a later date this year was not possible, Annecy said, because of other events on the industry calendar. The 2020 Cannes Film Festival, which has been postponed, is eyeing a possible alternative date in late June or early July.
Annecy still plans to unveil its official selections for the 60th anniversary festival April 15, though the films won't be screened until next year. On April 15, organizers said, they will also announce details for industry attendees.
Annecy is the world's number one festival for animated film and has become a favorite event for studios and independents to launch new projects or kick off global marketing campaigns. At last year's festival, Disney screened the first footage of Frozen 2 and Netflix gave a sneak peek at images from several animated projects in development, including Ricky Gervais' The Willoughbys.