Imagi has secured the placement of $406 million (in HK) to finance future films.  Astro Boy and Gatchaman are both scheduled to be released in 2009.  Astro Boy was originally created in the 50's with an animated TV show that first aired in 1963.  Gatchaman was developed in Japan in the 1970s as a TV series.  It aired in the US as Battle of the Planets and G-Force.

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Press Release: Nickelodeon and DreamWorks Animation, two of the world’s most prolific producers of television and feature film animation, today announced plans to join forces on a new, 26-episode, CG animated comedy series tentatively titled The Penguins of Madagascar, based on the beloved penguin brothers in DreamWorks Animation’s hit feature film, “Madagascar” ($532 million worldwide gross) and upcoming sequel, “Madagascar, the Crate Escape.” The series, which tells the story of a group of penguins who believes it leads an elite strike force from its Central Park Zoo headquarters, will be produced at the Nickelodeon Animation Studio in Burbank, California and is scheduled to premiere on Nick in early 2009.  

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Worldwide Biggies, a digital studio recently opened by longtime Nickelodeon and Spike exec Albie Hecht, has acquired all rights to Simon & Schuster's long-running Tom Swift book series.

The company plans to introduce the franchise with a feature film and vidgame and follow with episodes for TV and the Web. Hecht used a similar pattern for "Jimmy Neutron: Boy Genius," which opened as a film while he was head of Nick Movies and soon segued into an estimable run as a TV skein. 

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