Magazine article Screen International

nWave Ends Long-Standing Studiocanal Pact

Magazine article Screen International

nWave Ends Long-Standing Studiocanal Pact

Article excerpt

Animation outfit to buy back its shares from Studiocanal.

Belgian 3D animation specialist nWave Pictures is set to end its longstanding relationship with Studiocanal.

The news was confirmed this week by company CEO Ben Stassen. The Son Of Bigfoot (aka Bigfoot Junior) is the final film that nWave is partnering on with Studiocanal. It will be released in August across Europe, including in Studiocanal's direct-distribution territories, France, UK and Germany.

Over the last seven years, nWave and Studiocanal have partnered on projects such as A Turtle's Tale: Sammy's Adventures (2010) and The House Of Magic (2013) - European-originated animated features with budgets in excess of $20m that have sold around the world. However, nWave's next feature, The Queen's Corgi, will be made without Studiocanal support.

nWave's model relies on greenlighting one film every year in order to keep the pipeline running and ensuring continuing work for the company's 120 staff. The hitch, according to one well-placed source, is that Studiocanal has been slow to give the go-ahead to the company's projects. …

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