Goldcrest In 3-picture Pact With Animator Rich Entertainment

Goldcrest Films & TV has signed a three-picture, $45 million pact with Rich Entertainment, the L.A.-based animation studio. The deal effectively terminates Goldcrest’s relationship with Irish studio Sullivan-Bluth, which has made two animated features for Goldcrest under a similar three-picture deal.

Rich Entertainment is headed by Richard Rich, director of “The Fox And The Hound” and “The Black Cauldron.” First of the Goldcrest pics to go before the cameras will be “Rabbit Hill,” based on a series of children’s books by Robert Lawson. Pic is set for delivery at Christmas 1992. Other pics are “The Three Musketeers” and “Swan Lake.” The trio is to be made over a five-year period.

The deal with Rich underlines Goldcrest’s continuing interest in animation. Company topper John Quested places great store in the strength of animated product in the sell-through market. Sullivan-Bluth’s “All Dogs Go To Heaven,” which was 100% financed by Goldcrest, sold 4.2 million cassettes in U.S. sell-through despite a relatively poor showing in theaters.

The breakup of Goldcrest’s relationship with Sullivan-Bluth follows a winding-up petition filed last month in the Dublin High Court by Goldcrest, which claimed that Sullivan-Bluth had failed to honor a debt of £350,000 ($616,000).

At the court hearing, held April 15, Sullivan-Bluth, headed by former Disney animator Don Bluth, agreed to pay an undisclosed sum to Goldcrest, and the winding-up petition was dropped. Failure to agree could have led to closure of the Dublin studio and loss of 350 jobs.

More Scene

  • Guillermo del Toro, Greta Gerwig and

    Timothée Chalamet Says He'd Love to Work With Christopher Nolan or Guillermo del Toro

    Goldcrest Films & TV has signed a three-picture, $45 million pact with Rich Entertainment, the L.A.-based animation studio. The deal effectively terminates Goldcrest’s relationship with Irish studio Sullivan-Bluth, which has made two animated features for Goldcrest under a similar three-picture deal. Rich Entertainment is headed by Richard Rich, director of “The Fox And The Hound” […]

  • Tracee Ellis Ross

    Tracee Ellis Ross at Image Makers Awards: 'Clothing Started as Armor for Me'

    Goldcrest Films & TV has signed a three-picture, $45 million pact with Rich Entertainment, the L.A.-based animation studio. The deal effectively terminates Goldcrest’s relationship with Irish studio Sullivan-Bluth, which has made two animated features for Goldcrest under a similar three-picture deal. Rich Entertainment is headed by Richard Rich, director of “The Fox And The Hound” […]

  • 'Salute to Service' Honored Industry Support

    Variety's 'Salute to Service' Presented by National Geographic Celebrates Industry Supporters of Troops, Veterans

    Goldcrest Films & TV has signed a three-picture, $45 million pact with Rich Entertainment, the L.A.-based animation studio. The deal effectively terminates Goldcrest’s relationship with Irish studio Sullivan-Bluth, which has made two animated features for Goldcrest under a similar three-picture deal. Rich Entertainment is headed by Richard Rich, director of “The Fox And The Hound” […]

  • Rob Riggle Salute to Service

    Rob Riggle on Work With Veterans at Variety, National Geographic's Salute to Service: 'It's Who I Am'

    Goldcrest Films & TV has signed a three-picture, $45 million pact with Rich Entertainment, the L.A.-based animation studio. The deal effectively terminates Goldcrest’s relationship with Irish studio Sullivan-Bluth, which has made two animated features for Goldcrest under a similar three-picture deal. Rich Entertainment is headed by Richard Rich, director of “The Fox And The Hound” […]

  • Golden Globes Timeline

    Inside the Glamorous Golden Globes After-Parties

    Goldcrest Films & TV has signed a three-picture, $45 million pact with Rich Entertainment, the L.A.-based animation studio. The deal effectively terminates Goldcrest’s relationship with Irish studio Sullivan-Bluth, which has made two animated features for Goldcrest under a similar three-picture deal. Rich Entertainment is headed by Richard Rich, director of “The Fox And The Hound” […]

  • HFPA 75th Annual Golden Globe Awards,

    Allison Janney, Sam Rockwell, More Winners Get Trophies Engraved at First-Ever HFPA Golden Globes Party

    Goldcrest Films & TV has signed a three-picture, $45 million pact with Rich Entertainment, the L.A.-based animation studio. The deal effectively terminates Goldcrest’s relationship with Irish studio Sullivan-Bluth, which has made two animated features for Goldcrest under a similar three-picture deal. Rich Entertainment is headed by Richard Rich, director of “The Fox And The Hound” […]

  • Damian Lewis and Malin AkermanShowtime Golden

    Golden Globe 2018 Pre-Parties: BAFTA Los Angeles Tea, Showtime, ICM and More

    Goldcrest Films & TV has signed a three-picture, $45 million pact with Rich Entertainment, the L.A.-based animation studio. The deal effectively terminates Goldcrest’s relationship with Irish studio Sullivan-Bluth, which has made two animated features for Goldcrest under a similar three-picture deal. Rich Entertainment is headed by Richard Rich, director of “The Fox And The Hound” […]

More From Our Brands

Access exclusive content