History[edit | edit source]
In July 2011, in the wake of critical and box office success of the animated feature, Rango, and the departure of DreamWorks Animation upon completion of their distribution contract in 2012, Paramount announced the formation of a new division, devoted to the creation of animated productions. It marks Paramount's return to having its own animated division for the first time since 1967, when Paramount Cartoon Studios shut down (it was formerly Famous Studios until 1956).
In October 2011, Paramount named a former president of Walt Disney Feature Animation, David Stainton, president of Paramount Animation. In February 2012, Stainton resigned for personal reasons, with Paramount Film Group's president, Adam Goodman, stepping in to directly oversee the studio. It was also announced that SpongeBob SquarePants 2 (a sequel to 2004's The SpongeBob SquarePants Movie), based upon the popular Nickelodeon TV show, SpongeBob SquarePants, will be the studio's first movie and will be released on February 13, 2015.
In August 2012, in the same month that DreamWorks Animation confirmed that it will be working with 20th Century Fox as distributor beginning in 2013, Variety reported that Paramount Animation was in the process of starting development of several animated movies with budgets of around USD 100 million. According to Variety, the intellectual property for these films is to be supplied by Nickelodeon among others and is to include Dora the Explorer, The Legend of Korra and Monkey Quest.
Filmography[edit | edit source]
Feature films[edit | edit source]
|The SpongeBob Movie: Sponge Out of Water||February 13, 2015||||$74 million||$323.4 million|