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Pearl Studio
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{{Short description|Chinese film production company}}{{Use mdy dates|date=June 2013}}







factoids
China Media CapitalHTTP://WWW.CARTOONBREW.COM/BUSINESS/ORIENTAL-DREAMWORKS-RELAUNCHES-100-CHINESE-OWNED-PEARL-STUDIO-156372.HTMLLAST1=AMIDIWEBSITE=CARTOON BREWACCESS-DATE=FEBRUARY 2, 2018, (2018–present)PUBLISHER=SEEKING ALPHADATE=OCTOBER 29, 2014, Our studio is now up and running with 250 people,..., Xuhui District, Shanghai| location_country = China| key_people = | industry = Film industry| products = | traded_as = | parent = DreamWorks Animation (2012–2018)| subsid = www.pearlstudio.com/}}}}Shanghai Pearl Studio Film and Television Technology Co., Ltd, doing business as Pearl Studio, formerly known as Oriental DreamWorks, the trade name of Shanghai Oriental DreamWorks Film & Television Technology Co., Ltd., is a Chinese animation film production company owned by CMC Capital Partners. The company was founded as a Chinese-American joint venture in 2012 by DreamWorks Animation and 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) acquired NBCUniversal’s stake in the studio.

History

(File:Oriental DreamWorks logo.png|thumb|right|180px|Oriental DreamWorks logo.)On February 17, 2012, DreamWorks Animation announced a joint venture with China Media Capital, Shanghai Media Group and Shanghai Alliance Investment to build a Shanghai based 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,NEWS, Oriental DreamWorks Rewrites Its China Production Strategy,variety.com/2013/film/news/oriental-dreamworks-rewrites-its-china-production-strategy-1200601504/#, November 14, 2013, Variety, September 6, 2013, launched on August 6, 2012, with the cash and intellectual capital worth $350 million.NEWS, Szalai, Georg, DreamWorks Oriental to Eventually Produce Two, Three Films a Year in China,www.hollywoodreporter.com/news/dreamworks-oriental-eventually-produce-two-377804, November 26, 2012, The Hollywood Reporter, October 10, 2012, 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.Beside producing its own content, Oriental DreamWorks acts also as a distributor for DWA’s productions. Releasing The Croods in 2013, ODW became the first company in 20–30 years that got a license to import Western films.NEWS, DreamWorks Animation SKG Management Discusses Q1 2013 Results - Earnings Call Transcript,seekingalpha.com/article/1387061-dreamworks-animation-skg-management-discusses-q1-2013-results-earnings-call-transcript?part=single, May 1, 2013, Seeking Alpha, April 30, 2013, On November 25, 2015, Peilin Chou was appointed as the head of creative for feature animation at Oriental DreamWorks.WEB,www.cartoonbrew.com/business/peilin-chou-will-head-oriental-dreamworks-east-west-creative-fusion-122024.html, Peilin Chou Will Head Up Oriental DreamWorks’ East-West Creative Fusion, Thill, Scott, Cartoon Brew, November 25, 2015, February 3, 2018, The studio’s first animated feature film, Kung Fu Panda 3, was released on January 29, 2016,NEWS, Bryan Cranston, Mads Mikkelsen & Rebel Wilson Board ‘Kung Fu Panda 3’,www.deadline.com/2013/04/bryan-cranston-mads-mikkelsen-rebel-wilson-board-kung-fu-panda-3/, April 11, 2013, Deadline, April 9, 2013, and was made in co-production with DWA, with 1/3 of the film being produced in China.NEWS, DreamWorks Animation SKG Management Discusses Q3 2012 Results - Earnings Call Transcript,seekingalpha.com/article/971501-dreamworks-animation-skg-management-discusses-q3-2012-results-earnings-call-transcript?page=4&p=qanda&l=last, November 26, 2012, Seeking Alpha, November 1, 2012, The studio’s first original film, titled Abominable, followed in 2019.WEB, D’Alessandro, Anthony, ‘How To Train Your Dragon 3’ Flies To 2019; Uni’s DWA To Scale ‘Everest’,deadline.com/2016/12/how-to-train-your-dragon-3-everest-dreamworks-animation-1201864844/, Deadline, December 6, 2016, December 5, 2016, 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.NEWS, Patrick Frater,variety.com/2017/film/asia/china-oriental-dreamworks-heads-for-closure-1202006264/, Oriental DreamWorks Heads for Restructuring, Sale, Variety, March 15, 2017, July 17, 2017, A film adaption of The Tibet Code, co-produced by China Film Group, was announced, but was cancelled.NEWS, Jie, Du, Fang, Tong, DreamWorks sees global potential in Tibet Code, Xinhuanet.com, Xinhua News Agency, 8 June 2013,news.xinhuanet.com/english/china/2013-06/08/c_132441330.htm,news.xinhuanet.com/english/china/2013-06/08/c_132441330.htm," title="web.archive.org/web/20130626000220news.xinhuanet.com/english/china/2013-06/08/c_132441330.htm,">web.archive.org/web/20130626000220news.xinhuanet.com/english/china/2013-06/08/c_132441330.htm, dead, June 26, 2013, 4 April 2014, NEWS, Coonan, Clifford, Katzenberg Touts ‘Tibet’ as He Targets Chinese Auds, Variety (magazine), Variety, Penske Business Media, 21 April 2013,variety.com/2013/film/international/katzenberg-touts-tibet-toon-as-he-targets-chinese-audiences-1200392866/, 4 April 2014, NEWS, Zhang, Rui, DreamWorks to make bestseller Tibet Code into film, China Internet Information Center, 20 April 2013,www.china.org.cn/arts/2013-04/20/content_28604611.htm, 4 April 2014, On September 26, 2017, Peilin Chou was promoted to the role of Chief Creative Officer.WEB,deadline.com/2017/09/oriental-dreamworks-peilin-chou-chief-creative-officer-new-animation-slate-master-of-none-everest-over-the-moon-china-1202177361/, Oriental DreamWorks Names Peilin Chou As CCO; Designs Robust Animation Slate, Deadline, Tartaglione, Nancy, September 26, 2017, February 3, 2018, 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 for Abominable in 2019. Frank Zhu was appointed CEO.NEWS, China’s CMC Takes Full Ownership of NBCUniversal’s Oriental DreamWorks,www.hollywoodreporter.com/news/chinas-cmc-capital-partners-takes-full-ownership-nbcuniversals-oriental-dreamworks-1081186, 3 February 2018, The Hollywood Reporter, en, On September 29, 2019, it was reported that Abominable grossed $30 million worldwide during its opening weekend.WEB, Anthony, D’Alessandro,deadline.com/2019/09/abominable-downton-abbey-hustlers-weekend-box-office-1202746278, DreamWorks Animation & Pearl Studio’s ‘Abominable’ Bigfoots B.O. With Near-$21M Opening Weekend, Deadline, 29 September 2019, 2 November 2019,

Productions

Feature films

Production company{| class“wikitable“|+

!Title !Release date!Distributor!Co-production with|Kung Fu Panda 3|January 29, 201620th Century Studios>20th Century Fox|DreamWorks AnimationChina Film Group CorporationZhong Ming You Ying FilmAbominable (2019 film)>Abominable|September 27, 2019|Universal Pictures|DreamWorks AnimationZhong Ming You Ying FilmOver the Moon (2020 film)>Over the Moon|October 23, 2020 Netflix|Netflix AnimationGlen Keane ProductionsSony Pictures ImageworksThe Monkey King (2023 film)>The Monkey King|August 18, 2023|Netflix AnimationStar Overseas

In development{| class“wikitable“|+

!Title !Notes |Untitled Chinatown ProjectDATE=OCTOBER 3, 2017URL=HTTP://WWW.CARTOONBREW.COM/FEATURE-FILM/DONT-COUNT-ORIENTAL-DREAMWORKS-CHINESE-STUDIO-ANNOUNCES-6-FEATURE-FILM-PROJECTS-153865.HTMLWEBSITE=CARTOON BREW, |Illumikitty||Lucky||Anitya DATE=DECEMBER 2, 2021, |Ultraland DATE=DECEMBER 2, 2021, |In the Stars DATE=DECEMBER 2, 2021, |Zodiac DATE=DECEMBER 2, 2021,

Distributor in China{| class“wikitable“|+

!Title!China Release date!Worldwide Distributor!Produced by|The Croods|April 20, 201320th Century Fox (Worldwide)CJ Entertainment (South Korea)DreamWorks AnimationTurbo (2013 film)>Turbo|September 18, 2013|Mr. Peabody & Sherman|March 28, 2014DreamWorks AnimationPacific Data ImagesJay Ward Productions>Bullwinkle Studios|How to Train Your Dragon 2|August 14, 2014|DreamWorks Animation|Penguins of Madagascar|November 14, 2014|DreamWorks AnimationPacific Data ImagesHome (2015 film)>Home|April 24, 2015DreamWorks AnimationTrolls (film)>Trolls|October 28, 2016

Additional production work{| class“wikitable“|+

!Title !Release date!Distributed by!Produced by|How to Train Your Dragon 2|June 13, 201420th Century Fox|DreamWorks Animation|Penguins of Madagascar|November 26, 2014|DreamWorks AnimationPacific Data ImagesHome (2015 film)>Home|March 27, 2015|DreamWorks Animation

Dream Center

{{Update|date=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, it would feature series of theatres, cinemas, shopping areas, galleries, hotels, restaurants and the world’s largest IMAX screen, and was expected to open in 2017 (it was eventually delayed).NEWS, Rising Dreams in the Orient: Oriental DreamWorks To Establish Headquarters in Xuhui,ir.dreamworksanimation.com/releasedetail.cfm?ReleaseID=698481,ir.dreamworksanimation.com/releasedetail.cfm?ReleaseID=698481," title="archive.today/20121208192232ir.dreamworksanimation.com/releasedetail.cfm?ReleaseID=698481,">archive.today/20121208192232ir.dreamworksanimation.com/releasedetail.cfm?ReleaseID=698481, dead, December 8, 2012, September 18, 2012, DreamWorks Animation, August 6, 2012, DreamWorks Animation, As of May 2017, the Dream Center is in limbo.

See also

References

{{Reflist|33em}}

External links

{{Animation industry in China}}{{Film production companies of China}}{{DreamWorks Animation}}{{Authority control}}

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