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Skydance Media Acquires Animation Madrid Unit of Ilion Studios

variety.com/2020/film/news/skydance-media-john-lassiter-ilion-studios-1234571810/

The acquisition gives animation chief John Lasseter control over all aspects of production. Skydance and Ilion, both of which are privately held, did not disclose a purchase price.

The deal will give Skydance roughly 500 employees across two continents. It comes as Lasseter is trying to transform the company into a major force in animation. That transformation has been bumpy, at times, primarily because Lasseter’s hire was controversial. Lasseter, the major creative force at Pixar and Disney Animation, was ousted from the company in 2018 amid allegations of sexual misconduct with employees.

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