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|Articles - March 2010|
|Friday, February 26, 2010|
Regardless of how Coraline fares at the Academy Awards, it has been a triumphant awards season for Laika, the plucky independent animation studio backed by Phil Knight and run by his son Travis.
Coraline followed up its Academy Award nomination for best animated feature in February with four awards from the International Animated Film Society. That’s quite a debut for a company that has wrestled with financial challenges and internal discontent.
Coraline opened to critical acclaim and surprisingly strong box office sales in February 2009, grossing more than $120 million globally. But the question of what comes next for Laika is as unanswered today as it was a year ago. Plans to build a $55 million, 30-acre campus in Tualatin with a Nike-style fitness center and a 300-seat theater remain on hold, and the studio has yet to commit to a follow-up feature. Rather than hiring talent to gear up for its second feature, Laika has cut jobs and parted ways with Coraline director Henry Selick.
Travis Knight, who took over as president and CEO last March, insists that it isn’t unusual for a small studio to move slowing following a successful debut. “Developing these projects takes time,” he says. “With Coraline, it took a good five years from when we first started working on the script and making the puppets. Even Pixar, as great as they are, took three years between their first two films. We’ll be right in there.”
Knight expects to announce Laika’s next feature film this spring and to hire “hundreds” of people to enter into full production. He says the success of Coraline raises the bar on expectations.
“Five years ago ... you had a lot of films about fuzzy woodland creatures and the usual pop culture jokes — a lot of crude, disposable formulas,” says Knight. “Coraline is an example of pushing on the edges of the form — not to see animation as a genre but as a medium to tell any type of story. That is going to define who we are moving forward: bold subject matter and innovative execution.”
That formula worked for Coraline. Whether it will work for Laika’s second act remains to be seen.
Monday, July 14, 2014
BY VIVIAN MCINERNY | OB BLOGGER
Some people think Amazon’s winking eye logo is starting to look like a hoodwink.
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
Tuesday, June 03, 2014
Citing the transition to catch shares management as a key to rebuilding stocks and reducing bycatch, 13 species caught by the West Coast trawl fishery today earned designation from the Marine Stewardship Council (MSC) as sustainable.
Friday, June 27, 2014
BY JASON NORRIS | OB BLOGGER
Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.
Thursday, June 26, 2014
BY ERIC FRUTS | OB BLOGGER
Last year, the housing market in Oregon—and the U.S. as a whole—was blasting off. The Case-Shiller index of home prices ended the year 13% higher than at the beginning of the year. But, was last year a blip, or a trend?
Thursday, June 26, 2014
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
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