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Mainframe Directors Resign
IDT’s Stephen Brown, Morris Berger, Marcelo Fischer and John Hyde have stepped down as directors of Canadian CG animation powerhouse Mainframe Ent. Inc. with the completion of the studio’s sale to RNK Capital Limited Partnership, a subsidiary of Rainmaker Income Fund. First announced on July 21, the sale closed on July 31, giving Rainmaker 62% of outstanding shares of Mainframe previously held by IDT and its affiliates. Rainmaker has not yet provided nominees to Mainframe to replace the vacancies created by the resignations of the IDT nominees.
Warren Franklin, president of Rainmaker Animation & Visual Effects, has replaced Mark Prior as CEO and a Trustee of Rainmaker. He and current Mainframe CEO Rick Mischel will jointly run the combined company, which will employ more than 300 artists and technicians for work on television, film, commercial and video-game projects.
To date, Mainframe has produced more than 269 half hours of CG-animated television, 16 animated direct-to-video features and three CG television specials. Titles to the company’s credit include the lucrative Barbie line of home video movies, MTV’s Spider-Man series, the Scary Godmother specials and the groundbreaking series ReBoot. The studio’s clients include Sony, Mattel, Lions Gate Home Entertainment and Electronic Arts (Canada).