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Forbes - Article - Virtual - Production - Is - The Future - of - The - Animation - Industry
Forbes - Article - Virtual - Production - Is - The Future - of - The - Animation - Industry
Animation Industry
Dec 7, 2020,03:00pm EST
[...]
Toy Story 4 (2019) cost a reported $200 million to produce. The film’s
humanoid characters make it a fit for virtual production animation, a process
that could have halved its production budget.
Industry Impact
Studios should choose the latter. Audience demand for animated content is
insatiable. The genre is consistently a top performer at the box office, and the
franchises that originate in animation are often worth billions of dollars to
studios. Next time you see a trick-or-treater dressed as Elsa or a Minion,
remember, those characters came from animation. What’s more, the intense
competition among streamers has dramatically increased the demand for
animated series, and production is struggling to keep up.
Instead of making only one or two movies per year, Pixar, with their current
workforce, could produce one or two movies for theaters, one or two additional
movies for Disney+, and one or two seasons of television for Disney+. More
interestingly, the substantially lower cost of production could translate to
increased risk-taking by studios. Sure, a $200 million animated film needs to
appeal to everyone to make back its budget in theaters. But a $30 million
animated series? The possibilities really do stretch To Infinity and Beyond.