Spidey animators post a third qtr. profit - Mania.com



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Spidey animators post a third qtr. profit

By Rob M. Worley     March 04, 2004
Source: www.variety.com

Debt restructuring and cost-control measures after a takeover late last year allowed computer animation company Mainframe Entertainment to swing from a loss of C$2.4 million ($1.8 million) to a gain, with net earnings of $1.3 million.

Revenue was higher last year on the strength of more deliveries of the "Spider-Man" TV series to Sony.

Mainframe is in production on a Popeye-inspired one-hour special for King Features. Spec will air on Fox in the fall and be distributed on video and DVD in North America by Artisan.

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