Paramount Animation is the animation division and label of Paramount Pictures. The division was founded on July 6, 2011, its first film, The SpongeBob Movie: Sponge Out of Water was released on February 6, 2015, its most recent release, Wonder Park, was released on March 15, 2019. Their next release, The SpongeBob Movie: Sponge on the Run will be released on May 22, 2020. In July 2011, in the wake of critical and box office success of Paramount Pictures and Nickelodeon Movies' animated feature and Paramount's departure of DreamWorks Animation upon completion of their distribution contract with Madagascar 3: Europe's Most Wanted and Rise of the Guardians in 2012, Paramount announced the formation of a new division, devoted to the creation of animated productions. In October 2011, Paramount named a former president of Walt Disney Feature Animation, David Stainton, president of Paramount Animation. In February 2012, Stainton resigned for personal reasons, with Paramount Film Group's president, Adam Goodman, stepping in to directly oversee the studio.
It was announced that The SpongeBob Movie: Sponge Out of Water, a standalone sequel to 2004's The SpongeBob SquarePants Movie and based upon the popular Nickelodeon TV show, SpongeBob SquarePants, is the studio's first film and would be released in 2014. In August 2012, Variety reported that Paramount Animation was in the process of starting development of several animated films with budgets of around US$100 million. On July 31, 2013, Paramount Animation announced that they were developing a new live-action/animated franchise in the vein of the Transformers series, titled Monster Trucks. Jonathan Aibel and Glenn Berger were set to write the film's script, Chris Wedge was set to direct the film, Mary Parent was set to produce the film, with an initial release date set for May 29, 2015; the studio's first film, The SpongeBob Movie: Sponge Out of Water on February 6, 2015 to positive reviews and was a box office success, grossing over $325 million worldwide and becoming the fifth highest grossing animated film of 2015.
That same month, Paramount fired Adam Goodman due to the studio's thin film slate and Goodman greenlighting box office bombs at the studio. Paramount announced another SpongeBob film that year. In the summer of 2015, Paramount Pictures participated in a bidding war against Warner Bros. and Sony Pictures Animation for the rights to produce The Emoji Movie, based on a script by Tony Leondis and Eric Siegel. Sony won the bidding war in July and released the film in 2017; the studio's head Bob Bacon left Paramount Animation that summer. In June 2015, it was revealed that Spain's Ilion Animation Studios won a bidding war against other animation studios to produce a 3D animated tentpole film for Paramount Animation, in production since 2014. In November 2015, Paramount Animation announced the project as Amusement Park, with former Pixar animator Dylan Brown helming; the studio announced Monster Trucks, The Little Prince, Sherlock Gnomes, the third SpongeBob film. On May 2016, Paramount Pictures announced that they had signed a deal with UK-based Locksmith Animation to co-develop and co-produce three original animated projects to be released under the Paramount Animation label.
The studio's second film, Monster Trucks was released to mixed reviews and became a box failure, grossing $64.5 million on a $125 million budget and losing the studio $120 million. On March 2017, Skydance Media formed a multi-year partnership with Ilion Animation Studios and in July, announced its first two animated feature films — Luck and Split — which would be distributed by Paramount Pictures as part of their deal with Skydance. On October 10, 2017, Bill Damaschke was hired to head the division as president of animation and family entertainment. In April 2017, Paramount ended its deal with Locksmith Animation when Paramount chairman and CEO Brad Grey was replaced by Jim Gianopulos, who decided that their projects did not fit in with Paramount's other upcoming releases. Locksmith formed a multi-year production deal with 20th Century Fox four months later. In July 2017, Paramount Pictures named former DreamWorks Animation co-president Mireille Soria as the president of the studio; the studio released its third film, Sherlock Gnomes on March 23, 2018 and became a critical and financial disappointment, grossing $90.3 million on a $59 million budget.
In April 2018, Paramount Pictures named former Blue Sky Studios and Nickelodeon Movies producer Ramsey Naito as the executive vice president of the studio. The studio's next film, Wonder Park was released on March 15, 2019, it received mixed reviews and it became a box office flop, grossing only $119.6 million worldwide on a budget of less than $100 million. Paramount Animation never had an on-screen logo for their first four features, they just used the standard Paramount Pictures logo. In September 2019, Paramount Animation introduced a new animated logo featuring a character nicknamed Star Skipper; when Mireille Soria came to Paramount Animation, one of the first goals set by Jim Gianopulos was to make a logo for the division. The crew wanted to put a female character in the logo because the studio’s team is female, according to Soria, it captures “the magic” of the division; the logo and the character of Star Skipper was designed by Captain Underpants: The First Epic Movie lead visual development artist and art director Christopher Zibach and animated by ATK PLN and Reel FX Creative Studios.
This logo will debut in front of The SpongeBob Movie: Sponge on the Run on May 22, 2020. Similar to Warner Animation Group and Sony Pictures Animation, the studio outsources animation production to other animation s
The 3DO Company known as 3DO, was a video game company. It was founded in 1991 by Electronic Arts founder Trip Hawkins, in a partnership with seven other companies. After 3DO's flagship video game console, the 3DO Interactive Multiplayer, failed in the marketplace, the company exited the hardware business and became a third-party video game developer, it went bankrupt in 2003 due to poor sales of its games. Its headquarters were in California in the San Francisco Bay Area. Trip Hawkins wanted to get into the hardware market after the software market exploded with interest thanks to his involvement at Electronic Arts; when the company was first founded, its original objective was to create a next-generation CD-based video game system called the 3DO Interactive Multiplayer, which would be manufactured by various partners and licensees. For game publishers, 3DO's $3 royalty per sold game was low compared to the royalties Nintendo and Sega collected from game sales on their consoles; the launch of the console in October 1993 was well-promoted, with a great deal of attention in the mass media as part of the "multimedia wave" in the computer world.
The 3DO console launched in October 1993 at the price of $699. Poor console and game sales proved a fatal flaw. While 3DO's business model attracted game publishers with its low royalty rates, it resulted in the console selling for a price higher than the SNES and Sega Genesis combined, hampering sales. While companies that manufactured and sold their own consoles could sell them, at a loss, for a competitive price, making up for lost profit through royalties collected from game publishers, the 3DO's manufacturers, not collecting any money from game publishers, owing royalties to the 3DO Company, had to sell the console for a profit, resulting in high prices; as the console failed to compete with its cheaper competitors, game developers and publishers, while attracted by low royalties, dropped support for the console as its games failed to sell. Stock in the 3DO Company dropped from over $37 per share in November 1993 to $23 per share in late December. Though the company's financial figures improved in the fiscal year ending March 1995, with revenues nearly triple that of the previous fiscal year, they were still operating at a loss.
The console's prospects continued to improve through the first half of 1995 with a number of critical success, including winning the 1995 European Computer Trade Show award for best hardware. In January 1996, The 3DO Company sold exclusive rights to its next generation console, M2, to Matsushita for $100 million. Thanks in part to revenues from the sale of M2 technology to Matsushita and other licensees, in the first quarter of 1996 the 3DO Company turned a profit for the first time since it was founded, with a net income of $1.2 million. Over the second half of 1996, the company restructured to focus on software development and online gaming, in the process cutting its staff from 450 to 300 employees. President Hugh Martin was given full operating control, while Hawkins remained with the company as chairman, CEO, creative director. After selling the M2 technology to Matsushita, the company acquired Cyclone Studios, New World Computing, Archetype Interactive. 3DO established a new office in Redmond, Washington devoted to PC games development, with Tony Garcia as its head.
In mid-1997 it sold off its hardware business to Samsung for $20 million, making a final break from its origins as a console developer. The company's biggest hit was its series of Army Men games, featuring generic green plastic soldier toys, its Might and Magic and Heroes of Might and Magic series from subsidiary New World Computing were the most popular among their games at the time of release. During the late 1990s, the company published one of the first 3D MMORPGs: Meridian 59, which survives to this day in the hands of some of the game's original developers. After struggling for several years, the company filed for Chapter 11 bankruptcy in May 2003. Employees were laid off without pay, the company's game brands and other intellectual properties were sold to rivals like Microsoft, Namco and Ubisoft, to founder Trip Hawkins, who paid $405,000 for rights to some old brands and the company's "Internet patent portfolio". Hawkins went on to found Digital Chocolate, a mobile-based gaming company.
The 3DO Rating System was a rating system created by The 3DO Company and used on games released for the 3DO Interactive Multiplayer. The rating system, which went into use in March 1994, uses the following four categories: E - Everyone 12 - Guidance for age 12 & under 17 - Guidance for age 17 & under AO - Adults OnlyThese ratings would appear on the lower front and back of the packaging, while the back of the packaging specified what content was present in the game. In late 1994, the majority of 3DO's competitors signed on with a new rating system from the Entertainment Software Rating Board; the 3DO rating for each game was designated voluntarily by the game's publisher, in contrast to the ESRB ratings, which were determined independently by the ESRB. 3DO.com on September 26, 2003 3DO.com index at Internet Archive Wayback Machine 3DO profile on MobyGames