CNM Short Takes
News | 09/17/2004 4:00 am EDT
Radar Pictures takes piece of C.O.R.E. Digital Pictures
Los Angeles-based Radar Pictures has taken an undisclosed minority interest in C.O.R.E. Digital Pictures and C.O.R.E. Feature Animation. Radar is the company behind The Last Samurai, The Chronicles of Reddick and Runaway Bride, and has seen its films gross $3.25 billion since 1984. C.O.R.E. touts itself as Canada’s largest employer of digital animators in Canada, with a staff of over 400. Said Ted Field, founder and CEO of Radar, in a media release: "We’ve believed for some time that computer-generated animation will play a growing role in feature films. We also believe the natural evolution of our business is to move into feature animation. So we began to look for a company that had some unique qualities; first and obviously, it had to have loads of talent and a strong track record. But it also had to share our vision of creating an independent North American animation studio. C.O.R.E. is already producing films that rival the established animation producers."