Animated offering

Film Roman board OKs Pentamedia stake hike

HOLLYWOOD — Film Roman shareholders have approved the $15 million acquisition of a 60% stake in the film and TV animator by Indian animation group Pentamedia.

Also at an annual meeting Monday, shareholders voted to return company founder Phil Roman to a seat on the North Hollywood, Calif.-based company’s board. Roman, who ankled the company a couple of years ago to start an animation boutique, was among directors approved by shareholders.

The $15 million Pentamedia deal was approved by an “overwhelming majority” of shareholders, Film Roman said. The acquisition is expected to close within a few weeks, officials said.

Pentamedia hopes to foster aggressive new growth at Film Roman and has pledged to triple the U.S. company’s annual revenue, which last year totaled $44.6 million. Mostly known for TV animation including work on the long-running Fox series “The Simpsons,” Film Roman lately has gotten more active in film projects.

More Film

  • Fallout, Mamma Mia, Incredibles

    Summer Box Office Report Card: Grading Popcorn Season by Studio

    HOLLYWOOD — Film Roman shareholders have approved the $15 million acquisition of a 60% stake in the film and TV animator by Indian animation group Pentamedia. Also at an annual meeting Monday, shareholders voted to return company founder Phil Roman to a seat on the North Hollywood, Calif.-based company’s board. Roman, who ankled the company […]

  • Conjuring 2 The Nun

    YouTube Removes 'The Nun' Ad After Jump-Scare Complaints

    HOLLYWOOD — Film Roman shareholders have approved the $15 million acquisition of a 60% stake in the film and TV animator by Indian animation group Pentamedia. Also at an annual meeting Monday, shareholders voted to return company founder Phil Roman to a seat on the North Hollywood, Calif.-based company’s board. Roman, who ankled the company […]

  • Tessa Thompson'Thor: Ragnarok' film premiere, Arrivals,

    Tessa Thompson Eyes Lead Role in Disney's Live-Action 'Lady and the Tramp'

    HOLLYWOOD — Film Roman shareholders have approved the $15 million acquisition of a 60% stake in the film and TV animator by Indian animation group Pentamedia. Also at an annual meeting Monday, shareholders voted to return company founder Phil Roman to a seat on the North Hollywood, Calif.-based company’s board. Roman, who ankled the company […]

  • Crazy Rich Asians

    Box Office: 'Crazy Rich Asians' to Shine With $26 Million-Plus Opening

    HOLLYWOOD — Film Roman shareholders have approved the $15 million acquisition of a 60% stake in the film and TV animator by Indian animation group Pentamedia. Also at an annual meeting Monday, shareholders voted to return company founder Phil Roman to a seat on the North Hollywood, Calif.-based company’s board. Roman, who ankled the company […]

  • A Star Is Born Halloween

    Poll: Which Fall Movie Are You Most Excited to See?

    HOLLYWOOD — Film Roman shareholders have approved the $15 million acquisition of a 60% stake in the film and TV animator by Indian animation group Pentamedia. Also at an annual meeting Monday, shareholders voted to return company founder Phil Roman to a seat on the North Hollywood, Calif.-based company’s board. Roman, who ankled the company […]

  • Jesse Plemons Antlers

    Jesse Plemons to Co-Star With Keri Russell in Scott Cooper's 'Antlers' (EXCLUSIVE)

    HOLLYWOOD — Film Roman shareholders have approved the $15 million acquisition of a 60% stake in the film and TV animator by Indian animation group Pentamedia. Also at an annual meeting Monday, shareholders voted to return company founder Phil Roman to a seat on the North Hollywood, Calif.-based company’s board. Roman, who ankled the company […]

More From Our Brands

Access exclusive content