Who are these guys?

FatKat’s at it again. You gotta like it.

New York-based Animation Collective and Canadian-based Fatkat Studios, today announced a co-venture for the new, 26 half-hour episode action-comedy, animated series, “Three Delivery.” The announcement was made at COMIC-CON International, a comic book and entertainment industry trade show in San Diego. “Three Delivery” was created by Larry Schwarz, Animation Collective’s founder and C.E.O.

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0 Responses to Who are these guys?

  1. NB taxpayer says:

    Good stuff. These guys are a great example of what can be done outside the rhelm of government subsidies. Too bad our province doesn’t make life easier for companies like this, not mention, try to attract more of them.

  2. Anonymous says:

    Maybe you haven’t noticed, NB taxpayer, but Fatkat has received tonnes of gov’t money. It’s a success story, alright, but not “outside the realm of government subsidies.”

    March 24, 2005

    MIRAMICHI (CNB) – The marketing partnership behind Miramichi’s Fatkat Animation Studios Inc. is succeeding in attracting the interest of leading U.S. production studios. The partnership is a collaborative effort between the Atlantic Canada Opportunities Agency (ACOA) and the Province of New Brunswick.

    Jan. 26, 2007

    MIRAMICHI (CNB) -Fatkat Animation Studios will add new employees to its payroll after receiving funding from the Province of New Brunswick, Post-Secondary Education, Training and Labour Minister Ed Doherty announced today.

    March 16, 2006

    MIRAMICHI (CNB) – Fatkat Animation Studios Inc. has been steadily increasing its workforce since its inception in 2003, and an additional nine employees have been added to the payroll after almost $64,000 in funding through the Workforce Expansion Program from the Province of New Brunswick.

    July 18, 2006

    MIRAMICHI (CNB) – An investment of $138,350 in a pair of projects under the Miramichi Regional Economic Development Fund (MREDF) was announced today by Premier Bernard Lord.

    Fatkat Animation Studios Inc., will receive a total of $83,350 in funding for expansion of its studios in Miramichi, and to increase marketing activities.
    Nov. 20, 2006

    MIRAMICHI (CNB) – The Province of New Brunswick is investing $235,000 in two projects in Miramichi under the Regional Development Corporation’s Miramichi Regional Economic Development Fund (MREDF).

    Fatkat Animation Studios Inc. will receive $125,000 in funding for computer hardware, office equipment and major renovations to new production studios buildings located in Newcastle.

  3. Anonymous says:

    “Outside the realm of government subsidies” ?!?! I think the government has already made life a lot “easier” for this company.

    Jan. 26, 2007
    MIRAMICHI (CNB) -Fatkat Animation Studios will add new employees to its payroll after receiving funding from the Province of New Brunswick, Post-Secondary Education, Training and Labour Minister Ed Doherty announced today.

    Nov. 20, 2006
    MIRAMICHI (CNB) – The Province of New Brunswick is investing $235,000 in two projects in Miramichi under the Regional Development Corporation’s Miramichi Regional Economic Development Fund (MREDF). Fatkat Animation Studios Inc. will receive $125,000 in funding for computer hardware, office equipment and major renovations to new production studios buildings located in Newcastle.

    July 18, 2006
    MIRAMICHI (CNB) – An investment of $138,350 in a pair of projects under the Miramichi Regional Economic Development Fund (MREDF) was announced today by Premier Bernard Lord. … Fatkat Animation Studios Inc., will receive a total of $83,350 in funding for expansion of its studios in Miramichi, and to increase marketing activities.

    March 16, 2006
    MIRAMICHI (CNB) – Fatkat Animation Studios Inc. has been steadily increasing its workforce since its inception in 2003, and an additional nine employees have been added to the payroll after almost $64,000 in funding through the Workforce Expansion Program from the Province of New Brunswick.

    March 24, 2005
    MIRAMICHI (CNB) – The marketing partnership behind Miramichi’s Fatkat Animation Studios Inc. is succeeding in attracting the interest of leading U.S. production studios. The partnership is a collaborative effort between the Atlantic Canada Opportunities Agency (ACOA) and the Province of New Brunswick.

  4. David Campbell says:

    Calm. Just because a company got a ‘loan’ from ACOA doesn’t mean they are either on the hind teat or have a bad business model. FatKat could get a lot more dough in Nova Scotia (via the digital media tax credit program) or British Columbia (from their more lucrative program).

  5. NB taxpayer says:

    Late to the game anon, late to the game. Furthermore, if I were them I wouldn’t hold my breath over these piddly investments passed out by ACOA. That place hasn’t worked since Chretien scaled it [investment levels] back in the mid-90s. Did I say since the mid-90s? Forget it, I meant never.

    Moreover, speaking of Chretien, his government did chose to use ACOA grants as a political reward agency for partisan friendly ridings. From 1994 to 2000, ACOA spending under the Chrétien government was, on average, 40 percent higher in Liberal-held ridings than in opposition ridings.

    I guess that’s why I am in agreement with McKenna and Brison when they both said the agency should be scapped in favour of lower corporate taxes, smaller business tax rates — at about the cost of $250 million in federal
    corporate tax receipts — which is around the same that the agency spends each year on grants and contributions.

    Btw, look at the dates on those [MREDF] provincial announcements. A trend? Let me tell you, I know from personal experience that a lot more were not met after Lord was defeated. That’s what happens when you play sides with election handouts from politicians.

    Not to mention, March Madness spending always comes back to bite a government one way or the other. Just look at waht’s happening to McGuinty right now if you don’t believe me. The guy’s in hot water right now over trying to ram through a plethora of pre-election spending [grants & projects] without final approval being granted. Sorry fellas, but you can go on and on about the positives of government intervention into the economy, but everytime I turn around, the opposite seems to be true.

  6. ddamours says:

    True, but the point has been made that the gov’t has noticed and has tried to help Fatkat become successful, unlike NB Taxpayer’s first comment might lead some to believe.

    For once, kudos to the government for successful economic development and picking a winning horse.

    Hopefully we will soon hear many more success stories….

  7. NB taxpayer says:

    Sorry ddamours, but the only point made is the one in your own mind. I can’t name one firm that was a success story due solely to a government handout. If you believe in such nonsense, then you have lived in New Brunswick for far too long my friend.

    Take RIM for example. It was definitely a Canadian success story. But was it a TPC success story? Well, according to Industry Canada it was. On their website the boasted about how it was their baby and “we were there before Blackberry was first sold”.

    However, if you look at the entire history of that company, you will see that investments from the private sector came before the TPC handouts. They received around $1.6 million in ’98 from Industry Canada just prior to the Blackberry launch. As I said in another post here, they also received $38.6 million in subsidies well after the Blackberry helped the company shares spike through the roof. Let’s just say that TPC and government subsidies played a very minor role in RIM’s success, if any.

    Moreover, the timing and the amount of money invested through TPC was peanuts compared to what was raised through private industry for RIM. In 1996, $36 million from a special warrant and $115 million were raised privately from a firm listed on the NASDAQ in ’97. Also, in ’99, $250 million was raised by a private firm listed on the stock exchange. So as you can see, the market played the key role in this firm’s success as they were the one’s that reconized its potential, not TPC. Furthermore, through shareholders, the company was able to grow to further heights. The government handouts were not needed.

    Not to mention, the handout they did receive from TPC in the form of a “fully repayable loan” has not been fully paid off to this day. A measly 24 per cent has been paid back. So as you can see, our money was thrown around irresponsibly when, as the numbers show, it should never have been awarded in the first place.

    Why do I go on and on about this stuff? Well, I can only hope to bring more of this kind of thing to light in the future in NB so that taxpayers can realize what the role of the government should be instead of accepting this wasteful practice as business as usual. I guess if there has only been one approach for 40 some odd years, then people really do start believing that government is the only way out of a jam both socially and economically. The reason I started blogging was to show them an alternative that has never been in vogue in this province. Hey, what do we have to lose, I mean government got us to where we are today, no?

    I think it’s time to put the power in the hands of the people [individual taxpayers] and private industry, not the government.

    More on FatKat later in the fall when we launch. You may be surprised what you read.