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    Reel FX Animation Studios taps Chris Miller to direct Wish Project

    By SHOOTUpdated:No Comments4657 Views
    LOS ANGELES --

    Reel FX Animation Studios announced that Oscar®-nominated director Chris Miller will helm its upcoming original feature, the currently Untitled Wish Project. Miller, a longtime DreamWorks Animation filmmaker, wrote and directed the hit film Puss in Boots, which garnered an Oscar nomination for Best Animated Feature Film, and Shrek The Third, the third hit installment in the acclaimed franchise. Both titles achieved huge commercial success at the box office and generated a combined gross of nearly $1.4 billion.

    The Untitled Wish Project storyline is being kept under-wraps, but the film will take place in both the real world and a world of mythical creatures where human wishes are heard and dealt with.

    Jared Mass, who heads up Reel FX’s Originals Unit, said of Miller, “He brings a vision to the film that is sure to resonate with audiences all over the world.”

    Reel FX Animation Studios is a top producer of animation for every major studio as well as a producer of original content including the film Book Of Life, which was produced alongside Guillermo Del Toro for Twentieth Century Fox. Reel FX is currently in production on its next original feature with Paramount Animation and Walden Media based on the kids’ graphic novel “Monster on the Hill,” which is set to be released in 2020.

    Tags:Chris MillerReel FX Animation Studios



    DirecTV calls off acquisition of rival Dish, possibly ending a yearslong pursuit

    Friday, November 22, 2024
    Dish Network satellite dishes are shown at an apartment complex in Palo Alto, Calif., Feb. 23, 2011. (AP Photo/Paul Sakuma, File)

    DirecTV is calling off its planned acquisition of rival Dish after the offer was rejected by bond holders at that company.

    The deal was reliant on Dish bond holders agreeing to trade in the debt they held for debt in the new company, a swap that would have cost them about $1.6 billion, collectively.

    The retreat by DirecTV this week may end a years-long effort by the company to acquire both Dish and Sling after it announced the bid in September.

    DirecTV was looking to acquire Dish TV and Sling TV from its owner EchoStar in a debt exchange transaction that included a payment of $1, plus the assumption of approximately $9.8 billion in debt. The deal was contingent on several factors, including regulatory approvals and bondholders writing off debt related to Dish.

    "While we believed a combination of DirecTV and Dish would have benefited all stakeholders, we have terminated the transaction because the proposed exchange terms were necessary to protect DirecTV's balance sheet and our operational flexibility," DirecTV CEO Bill Morrow said in a statement.

    The prospect of a DirecTV-Dish combo has long been rumored, and reported talks resurfaced over the years. And the two almost merged more than two decades ago — but the Federal Communications Commission blocked the deal valued at the time at $18.5 billion deal, citing antitrust concerns.

    The pay-for-TV market has shifted significantly since. As more and more consumers tune into online streaming platforms, demand for more traditional satellite entertainment continues to shrink.

    DirecTV says that it will continue to invest in next-generation streaming platforms and offer new packaging options while integrating content from live TV alongside direct-to-consumer... Read More

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