Recent News Stories
- Kingsman explodes at China box office
- Film restoration laboratory opens in Hong Kong
- Twenty has strong opening in South Korea
- Shanghai Film Fest and Alibaba form partnership
- Okinawa Talent: Takeda Rina
- Galloping Horse reveals 2015 production slate
- Huayi and Showbox signs production pact
- Fast & Furious 7 blocked in Thailand
- Double Edge restarts distribution business
- China dominates Asian Film Awards
- Lazy Crazy Hazy tops HAF awards
- Media Asia presents 10 at FilMart
- Where the Wind Settles debuts at Filmart
- Mei Ah fixes 2015 Greater China slate
- Hong Kong directors on their first HAF
- Southeast Asian buzz at FilMart
- One Cool heats up FilMart
- Emperor announces 15 for 15th anniversary
- Abduction drama kidnaps China box office
- Hot Taiwan titles at FilMart
- Whiplash tops South Korea box office
- Finecut and GNA form agency partnership
- Hong Kong buzz titles at FilMart
- Hot Korean titles at FilMart
- Metro of Love leaves station
- Malaysian cinema, finding hope within despair
- John Woo to direct Manhunt for Media Asia
- A Hard Day wins Chunsa Grand Prix
- Huayi and Hunan sign U.S. co-production deals
- Japanese films return to Beijing festival
- Im Kwon-taek recognised by Asian Film Awards
- Yee Chih-yen on Taiwan cinema's future
- J.K. Youn on Korean cinema's new maturity
- Nakatani Miki to receive AFA Excellence Award
- Doraemon maintains Japan box office orbit
- Cinderella has fairytale opening across Greater China
- The Deal dethrones Kingsman in South Korea
- Jia Zhangke to receive Carrosse d'Or
- Pang Ho-cheung on HK cinema's dilemmas
- Meeting Dr. Sun wins Grand Prix in Osaka
Two animation firms close in Singapore
By Patrick Frater
Fri, 07 January 2011, 15:46 PM (HKT)
Two Singapore-based animation companies have closed down in recent days.
Egg Story Creative Production announced its demise and the redundancy of some 30 staff in the week before Christmas. That was followed by the announcement that a rescue attempt at Storm Lion, which had dismissed most of its staff earlier in the year, had finally proved fruitless.
Launched in 2005 by Nickson Fong (pictured) an animator with credits on Hollywood pictures including Shrek, Starship Troopers, Godzilla, Stuart Little, Matrix Reloaded and Matrix Revolutions, Egg Story was working on two productions.
Its Kung Fu Gecko was the story of a lizard and his friends who take on a bad guy in order to save the world. Chop Chops was a tale of ghost-hunting kung-fu masters.
Gecko was originally conceived as a $30 million (S$39 million) CG-animated feature movie and unleashed a trailer in 2005. But, operating without a studio-level distributor, the company was forced to re-format it as a TV series. Production was about 40% complete at the time of closure.
(It is understood that the Egg Story Digital Arts School has separate management and funding and is not affected by the closure.)
Storm Lion, headed by Edmund Shern, was set up as a multimedia firm producing content for graphic novels, games, films and animation. It achieved a milestone in 2009 when its Freedom Formula comic series was signed up with Bad Hat Harry Productions and Radical Pictures for New Regency Pictures to distribute through 20th Century Fox and X-Men's Bryan Singer to produce and direct.
Pitched as a kind of Top Gun with exosuits instead of planes, the script was in its second draft and the film tentatively set for a 2013 delivery.
Shern, himself a former Radical executive, ran into funding difficulties and in July last year laid off staff in Singapore and the US and cancelled a planned splash at the San Diego ComiCon.
But with a slate of projects that included Titan Rain (a film in collaboration with Japan's Production IG) and Kiss: Carnival of Souls (a Las Vegas live show with aging glam rock band Kiss and Radical's Radical Music subsidiary) the company was soon involved in rescue talks. These have now proved fruitless.
With financial incentives from the Media Development Authority, Singapore has seen the establishment of some 40 animation and effects companies including Lucasfilm and the UK's Double Negative. However, two others have closed in the past year; Big Communications and Mega Media. Big was contracted to produce the Dinosaur Train TV series for the Jim Henson Company. Mega Media was an investor in another TV series Katakune.