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17 October 2011

Paramount hires animation exec for in-house unit, by Greg Tingle - 10th October 2011

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Viacom Inc.'s movie studio, Paramount Pictures, out of LA, said last Monday that it had hired former Disney feature animation president David Stainton to head its new in-house animation division.

Stainton had a 17-year run at Disney and oversaw several dozen releases that brought in $3.5 billion in worldwide revenue, Paramount said.

The studio also credited Stainton with spearheading Disney's transition from hand-drawn to digital animation production.

Stainton most recently served as CEO of family entertainment producer Henry's World Media, which he founded in 2007.

Following the smash success of "Rango," Paramount is aiming to make one computer-animated movie per year with a budget of up to $100 million.

Stainton will report to Paramount's motion picture group president, Adam Goodman.

Paramount Pictures remains one of the world's most successful movie houses.

*The writer has conducted b2b with Paramount Pictures via Bwin.Party Digital Entertainment

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