Skydance Animation and Netflix End Deal After 3 Years
“Cosmic Motors," directed by John Lasseter and co-directed by Louie del Carmen, will now instead get a theatrical rollout from Paramount Pictures The post Skydance Animation and Netflix End Deal After 3 Years appeared first on TheWrap .
Skydance Animation and Netflix have announced the end of their three-year animated film agreement, effective immediately. Both companies remain committed to the successful releases of "Ray Gunn" and the untitled "Jack and the Beanstalk" project on Netflix. Skydance Animation's "Cosmic Motors," a space-themed film, will now be released theatrically by Paramount Pictures, originally scheduled for next year.
The split was influenced by the rich deal terms favoring Skydance Animation, Netflix's existing animation slate, and Paramount's need for more theatrical releases to meet its goal of 30 movies per year post-acquisition by David Ellison. John Lasseter, head of Skydance Animation, was exclusively tied to the company under the original arrangement.
With the deal's conclusion, Lasseter could potentially take over as head of Paramount Animation, currently led by Jennifer Dodge. Paramount insists Dodge will continue running Paramount Animation with Lasseter and Skydance Animation co-head under Paramount Pictures. Both companies will continue their content licensing relationship.
The deal followed a similar agreement between Netflix and Apple, resulting in "Luck" and the TV series "WondLa." Several projects at Skydance Animation, including those dependent on the Netflix deal, are now in flux. Don Hall and Nathan Greno have projects in development at Skydance, while Netflix Animation is working on titles like "Charlie vs. the Chocolate Factory," an "original Ghostbusters" film, and "The Buried Giant." Paramount's slate includes "The Sea Beast" sequel and "KPop Demon Hunters" sequel.
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