Pearl Studio
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Native name | Pearl phương đông Dreamworks (Pearl Dōngfāng mèng gōngchǎng) |
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Formerly | Shanghai Oriental DreamWorks Film & Television Technology Co., Ltd. (2012–2018) |
Company type | Private |
Industry | Film industry |
Founded | August 6, 2012[1] |
Founder |
|
Headquarters | , China |
Owner | China Media Capital[2](2018–present) |
Number of employees | 250 (2014)[3] |
Parent | DreamWorks Animation(2012–2018) |
Website | www |
Shanghai Pearl Studio Film and Television Technology Co., Ltd,doing business asPearl Studio,[2]formerly known asOriental DreamWorks,the trade name ofShanghai Oriental DreamWorks Film & Television Technology Co., Ltd.,is a Chinese animation film production company owned byCMC Capital Partners.The company was founded as a Chinese-American joint venture in 2012 byDreamWorks Animationand Chinese investment companies. The company mainly produces Chinese-themed animated and live-action films and their derivatives for distribution within China and worldwide. In 2018, CMC (China Media Capital) acquiredNBCUniversal's stake in the studio.
History
[edit]![](https://upload.wikimedia.org/wikipedia/en/thumb/2/28/Oriental_DreamWorks_logo.png/180px-Oriental_DreamWorks_logo.png)
On February 17, 2012,DreamWorks Animationannounced a joint venture withChina Media Capital,Shanghai Media Groupand Shanghai Alliance Investment to build aShanghaibased family entertainment company named Shanghai Oriental DreamWorks Film & Television Technology Co., Ltd. or Oriental DreamWorks for short. The new venture was expected to develop and produce original Chinese animated and live-action content for distribution within China and worldwide. The company also produces live entertainment content, theme parks, games and consumer products. Oriental DreamWorks, owned 45% by DWA and 55% by the Chinese partners,[4]launched on August 6, 2012,[1]with cash and intellectual capital worth $350 million.[5]To produce animated films, 37 Entertainment, a Chinese animation studio with 175 employees, which had already worked on some of DWA's television productions, has been acquired.[6]
Beside producing its own content, Oriental DreamWorks acts also as a distributor for DWA's productions. ReleasingThe Croodsin 2013, ODW became the first company in 20–30 years that got a license to import Western films.[7]
On November 25, 2015, Peilin Chou was appointed as the head of creative for feature animation at Oriental DreamWorks.[8]
The studio's first animated feature film,Kung Fu Panda 3,was released on January 29, 2016,[9]and was made in co-production with DWA, with 1/3 of the film being produced in China.[6]The studio's first original film, titledAbominable,followed in 2019.[10]On March 15, 2017, it was reported that NBCUniversal would sell off its stake in Oriental DreamWorks for restructuring and possibly face problems with Chinese antitrust investigation.[11]
A film adaption ofThe Tibet Code,co-produced byChina Film Group,was announced, but was cancelled.[12][13][14]
On September 26, 2017, Peilin Chou was promoted to the role of Chief Creative Officer.[15]
On February 1, 2018, CMC Capital Partners announced that they have taken the full ownership of Oriental DreamWorks and renamed it as Pearl Studio. Universal Pictures and DreamWorks Animation still continued to collaborate with Pearl Studio forAbominablein 2019. Frank Zhu was appointed CEO.[16]
On September 29, 2019, it was reported thatAbominablegrossed $30 million worldwide during its opening weekend.[17]
Productions
[edit]Feature films
[edit]Production company
[edit]Title | Release date | Distributor | Co-production with |
---|---|---|---|
Kung Fu Panda 3 | January 29, 2016 | 20th Century Fox | DreamWorks Animation China Film Group Corporation Zhong Ming You Ying Film |
Abominable | September 27, 2019 | Universal Pictures | DreamWorks Animation Zhong Ming You Ying Film |
Over the Moon | October 23, 2020 | Netflix | Netflix Animation Glen Keane Productions Sony Pictures Imageworks |
The Monkey King | August 18, 2023 | Netflix Animation Star Overseas |
In development
[edit]Title | Notes |
---|---|
Untitled Chinatown Project | [18] |
Illumikitty | [18] |
Lucky | [18] |
Anitya | [19] |
Ultraland | [20] |
In the Stars | [21] |
Distributor in China
[edit]Title | China Release date | Worldwide Distributor | Produced by |
---|---|---|---|
The Croods | April 20, 2013 | 20th Century Fox(Worldwide) CJ Entertainment(South Korea) |
DreamWorks Animation |
Turbo | September 18, 2013 | ||
Mr. Peabody & Sherman | March 28, 2014 | DreamWorks Animation Pacific Data Images Bullwinkle Studios | |
How to Train Your Dragon 2 | August 14, 2014 | DreamWorks Animation | |
Penguins of Madagascar | November 14, 2014 | DreamWorks Animation Pacific Data Images | |
Home | April 24, 2015 | DreamWorks Animation | |
Trolls | October 28, 2016 |
Additional production work
[edit]Title | Release date | Distributed by | Produced by |
---|---|---|---|
How to Train Your Dragon 2 | June 13, 2014 | 20th Century Fox | DreamWorks Animation |
Penguins of Madagascar | November 26, 2014 | DreamWorks Animation Pacific Data Images | |
Home | March 27, 2015 | DreamWorks Animation |
Dream Center
[edit]![]() | This article needs to beupdated.(March 2018) |
Part of the deal with the Chinese partners was also an entertainment and culture complex called Dream Center. Built in Shanghai with an investment exceeding $2.7 billion,[5]it would feature series of theatres, cinemas, shopping areas, galleries, hotels, restaurants and the world's largestIMAXscreen, and was expected to open in 2017 (it was eventually delayed).[1]As of May 2017, the Dream Center is in limbo.
See also
[edit]References
[edit]- ^abcdDreamWorks Animation (August 6, 2012)."Rising Dreams in the Orient: Oriental DreamWorks To Establish Headquarters in Xuhui".DreamWorks Animation.Archived fromthe originalon December 8, 2012.RetrievedSeptember 18,2012.
- ^abAmidi, Amid (February 2, 2018)."Oriental Dreamworks Relaunches As 100% Chinese-Owned Pearl Studio".Cartoon Brew.RetrievedFebruary 2,2018.
- ^"DreamWorks Animation SKG's (DWA) CEO Jeffrey Katzenberg on Q3 2014 Results - Earnings Call Transcript".Seeking Alpha.October 29, 2014.RetrievedOctober 30,2014.
Our studio is now up and running with 250 people,...
- ^"Oriental DreamWorks Rewrites Its China Production Strategy".Variety.September 6, 2013.RetrievedNovember 14,2013.
- ^abSzalai, Georg (October 10, 2012)."DreamWorks Oriental to Eventually Produce Two, Three Films a Year in China".The Hollywood Reporter.RetrievedNovember 26,2012.
- ^ab"DreamWorks Animation SKG Management Discusses Q3 2012 Results - Earnings Call Transcript".Seeking Alpha.November 1, 2012.RetrievedNovember 26,2012.
- ^"DreamWorks Animation SKG Management Discusses Q1 2013 Results - Earnings Call Transcript".Seeking Alpha.April 30, 2013.RetrievedMay 1,2013.
- ^Thill, Scott (November 25, 2015)."Peilin Chou Will Head Up Oriental DreamWorks' East-West Creative Fusion".Cartoon Brew.RetrievedFebruary 3,2018.
- ^"Bryan Cranston, Mads Mikkelsen & Rebel Wilson Board 'Kung Fu Panda 3'".Deadline.April 9, 2013.RetrievedApril 11,2013.
- ^D'Alessandro, Anthony (December 5, 2016)."'How To Train Your Dragon 3' Flies To 2019; Uni's DWA To Scale 'Everest'".Deadline.RetrievedDecember 6,2016.
- ^Patrick Frater (March 15, 2017)."Oriental DreamWorks Heads for Restructuring, Sale".Variety.RetrievedJuly 17,2017.
- ^Jie, Du; Fang, Tong (June 8, 2013)."DreamWorks sees global potential in Tibet Code".Xinhuanet.Xinhua News Agency.Archived fromthe originalon June 26, 2013.RetrievedApril 4,2014.
- ^Coonan, Clifford (April 21, 2013)."Katzenberg Touts 'Tibet' as He Targets Chinese Auds".Variety.Penske Business Media.RetrievedApril 4,2014.
- ^Zhang, Rui (April 20, 2013)."DreamWorks to make bestseller Tibet Code into film".China Internet Information Center.RetrievedApril 4,2014.
- ^Tartaglione, Nancy (September 26, 2017)."Oriental DreamWorks Names Peilin Chou As CCO; Designs Robust Animation Slate".Deadline.RetrievedFebruary 3,2018.
- ^"China's CMC Takes Full Ownership of NBCUniversal's Oriental DreamWorks".The Hollywood Reporter.RetrievedFebruary 3,2018.
- ^D'Alessandro, Anthony (September 29, 2019)."DreamWorks Animation & Pearl Studio's 'Abominable' Bigfoots B.O. With Near-$21M Opening Weekend".Deadline.RetrievedNovember 2,2019.
- ^abcAmidi, Amid (October 3, 2017)."Don't Count Out Oriental Dreamworks; Chinese Studio Announces 6 Feature Film Projects".Cartoon Brew.RetrievedFebruary 2,2018.
- ^"'Over the Moon' Studio Pearl Unveils Three New Features, Talent Accelerator ".December 2, 2021.
- ^"'Over the Moon' Studio Pearl Unveils Three New Features, Talent Accelerator ".December 2, 2021.
- ^"'Over the Moon' Studio Pearl Unveils Three New Features, Talent Accelerator ".December 2, 2021.