Cole Delaney

Paramount Global is being acquired by Skydance Media. The complex deal, worth over $8 billion, will happen in a two-step transaction that involves Skydance first acquiring Paramount’s controlling company, Shari Redstone’s National Amusements, and then merging Skydance and Paramount. The deal will have huge ramifications for the animation industry, including a major new role for Skydance’s head of animation, John Lasseter.

Language learning app Duolingo announced today that it has acquired Detroit-based animation and motion design studio Hobbes, its second studio acquisition since 2022. The company uses animation to amplify game mechanics and to increase “stickiness” in usage of its products.

In an industry where creativity and innovation are essential, FlipaClip has already revolutionized animation with its user-friendly mobile platform, empowering millions of artists worldwide. The first edition of the FlipaClip Film Festival (FFF) aims to spotlight emerging talent and share their work with a global audience. The Essence of the Festival FFF introduces a groundbreaking concept to the world of animation.