kung fu panda 3
In 2016, one of the most successful animated franchises in the world returns with its biggest comedy adventure yet, KUNG FU PANDA 3. When Po’s long-lost panda father suddenly reappears, the reunited duo travels to a secret panda paradise to meet scores of hilarious new panda characters. But when the supernatural villain Kai begins to sweep across China defeating all the kung fu masters, Po must do the impossible – learn to train a village full of his fun-loving, clumsy brethren to become the ultimate band of Kung Fu Pandas!
Jennifer Yuh Nelson and Alessandro Carloni direct with Black rejoined by the voices of Angelina Jolie, Lucy Liu, David Cross, Seth Rogen, Dustin Hoffman and James Hong, in addition to Bryan Cranston and Rebel Wilson. A first look partly leaked online last week revealing an international teaser, so time will tell if we’ll see that in full. In the meantime, the new trailer is below ahead of the film’s January release next year!
It hasn’t been a good week at DreamWorks Animation with their stocks hitting a 52-week low on Thursday, ultimately leading to a huge number of layoffs. This also forced the company to reduce its feature film release plan to only two a year, including the long-awaited threequel to the largely China-produced Kung Fu Panda frachise.
With actor Jack Black joined by an ensemble cast once more, the film is poised for a March 18, 2016 release following its pushback from December this year to avoid crossing sabers with J.J. Abrams’s Star Wars: The Force Awakens. Thankfully with the way things have been for the company, the film was finally granted co-production status which grants the filmmakers a larger share of box-office receipts as opposed to what it would have gotten as a foreign film, and will also bypass China’s quota system (that won’t be solved for another few years in case you’re wondering).
The company included the title in its announcement yesterday along with other titles in the statement below.
GLENDALE, Calif., Jan. 22, 2015 /PRNewswire/ — DreamWorks Animation (NASDAQ: DWA) is implementing a new strategic plan to restructure its core feature animation business to ensure the consistent and profitable delivery of the high quality films that audiences have come to expect from the studio. Following a full review of the business, the company will focus its feature production from three films per year down to two, maximize its creative talent and resources, reduce costs, and drive profitability.
Under the leadership of newly appointed Co-Presidents of Feature Animation Bonnie Arnold and Mireille Soria, the studio’s core feature animation production will now focus on six specific movies for the next three years – one original film and one sequel each year – including Kung Fu Panda 3 (March 18, 2016), Trolls (Nov. 4, 2016), Boss Baby (Jan. 13, 2017), The Croods 2 (Dec. 22, 2017), Larrikins (Feb. 16, 2018) and How to Train Your Dragon 3 (June 29, 2018). Captain Underpants, which will be produced outside of the studio’s pipeline at a significantly lower cost, is scheduled for release in 2017. The company’s 2015 release, Home, will premiere domestically on March 27.
“The number one priority for DreamWorks Animation’s core film business is to deliver consistent creative and financial success,” said DreamWorks Animation Chief Executive Officer Jeffrey Katzenberg. “I am confident that this strategic plan will deliver great films, better box office results, and growing profitability across our complementary businesses.”
The overall reduction of DreamWorks Animation’s feature production output will result in a loss of approximately 500 jobs across all locations and all divisions of the studio. DreamWorks expects to incur a pre-tax charge of approximately $290 million in connection with the restructuring and related items. These costs are expected to be incurred primarily in the quarter ended December 31, 2014, with the remainder in 2015 and 2016. The plan will result in total cash payments of approximately $110 million incurred primarily in 2015. The restructuring plan is expected to be substantially complete by the end of 2015 and expected to result in annualized pre-tax cost savings of approximately $30 million in 2015, growing to roughly $60 million by 2017.
How long did anyone think it would be before directors Stephen Chow and Derek Kwok’s 2013 fantasy action comedy adventure, Journey To The West: Conquering The Demons would get an English-language remake? Because, well… that’s about to happen!
The inital film, one of a number of cinematc reworkings of classic Chinese folklore notably highlighting fabled legend Sun Wukong (a.k.a. The Monkey King) starred actress Shu Qi and actor Wen Zhang, and was released in China in February of last year, earning a total of well over $200 million at the box office throughout several Asian territories, beating several records previously set by director Wuershan’s 2012 fantasy thriller, Painted Skin: The Ressurrection and the Michael Bay’s 2011 blockbuster, Transformers: Dark Of The Moon. The new English-language iteration is now part of a newl diversified slate of film deals being announced this month between Oriental Dreamworks and three other Chinese companies for the production of five movies in total.
Production on the new remake will include the aid of producer Zhang Jizhong who also served as a producer on a recent TV show of the same name. Oriental Dreamworks states, “The classic adventure story will be transformed into an international action film integrating cutting-edge visual effects technology with an English-language script to bring China’s legendary hero to the world.”. ODW’s chief creative officer Joe Aguilar also added his thoughts on the new slate, saying, “With this new series of ventures supporting local producers, artists, actors and crew, Oriental DreamWorks will further its objective of creating entertainment in China for China and for export to the rest of the world, …”These three development deals represent leading local companies that we are proud to partner with.”.
The other four projects agreed to for Oriental Dreamworks include a three-film deal with Dreams Of Dragons Pictures for a “high concept comedy”, a contemporary high impact martial arts movie with “advanced choreography” and a currently untitled titled historical epic from Crouching Tiger, Hidden Dragon scribe Wang Huiling, the author whose latest novel, The Crossing, was just attributed to an upcoming live-action epic drama directed by John Woo set for release this year. The slate also involves a seperate deal with producer and director Teng Hua for a Chinese folklore-inspired animated feature.
Oriental Dreamworks is the company behind the highly successful animated Kung Fu Panda franchise starring the voice of actor Jack Black, with the third installment heading to theaters on December 23, 2015.
For those interested, Journey To The West: Conquering The Demons is now available on DVD, Blu-Ray and VoD. Plans for a sequel are still yet unknown.
The report states the film has been moved up from its March 2016 date to December 23, 2015, in addition to other updates, where Variety also says actress Rebel Wilson and actors Mads Mikkelsen and Bryan Cranston are joining the cast of actors reprising their roles, including Angelina Jolie, Lucy Liu, Jackie Chan, Seth Rogan, David Cross and Dustin Hoffman. Jennifer Yuh Nelson will reclaim the director’s seat with a screenplay by Jonathan Aibel and Glenn Berger. The film will be produced by Melissa Cobb with Guillermo del Toro as executive producer.