Funding Gets Astro Boy Back on Track

The CG-animated Astro Boy feature film is back in production, with producer Imagi Entertainment having completed a $25 million financing plan.

The company’s U.S. president, Erin Corbett, told Daily Variety that all but 23 of the 120 employees who had been furloughed last month when funding ran dry have been called back to work.

Astro Boy is still on-target for its Oct. 23 release date, and the company is continuing to develop its Gatchaman and Tusker projects.

The company also announced that Francis Kao has resigned his post as chairman and will focus more on his duties as chief creative officer. Richard Witts will succeed him as chairman.