20 August 2012 1:35 PM, PDT | Collider.com | See recent Collider.com news »

Some shakeups in the animation industry are taking place.  We recently learned that Paramount Pictures was ramping up its own animation division with a SpongeBob SquarePants sequel, an animated J.J. Abrams film, and adaptations of Nickelodeon shows like Dora the Explorer and The Legend of Korra.  Since 2006, Paramount has handled the distribution of DreamWorks Animation’s output, but their deal is nearing a close at the end of this year. Dwa made it known that they would be seeking a deal with a different studio after Paramount requested a higher fee for bot theatrical and home video releases, and now it looks like the Shrek studio has found a new home in 20th Century Fox.  Hit the jump for more. Per Deadline, Jeffrey Katzenberg’s DreamWorks Animation was apparently looking at Sony Pictures as a possible distribution partner in the last few weeks, but a deal never materialized and Dwa then turned to Fox. »

- Adam Chitwood

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