CATDOLL: "Arc Production", the animation production company of "Thomas the Tank Engine", declared bankruptcy!

Speaking of foreign children's animations, "Thomas and Friends" is also very well-known in China and is loved by children. However, the production company of this animation, "Arc Production", declared bankruptcy on August 2!

On August 2, Arc CEO Tom Murray said in a statement, "I am very sorry to tell you that despite the management team's efforts, we are ultimately unable to reach an agreement with creditors due to financial difficulties. The company will now experience a financial and liquidity crisis." Nesho Ali, chairman of Spin VFX and co-chairman of the Ontario Computer Animation Studio, told The Hollywood Reporter that the bankruptcy of Arc Productions shocked the rapidly growing animation and computer special effects industry in Ontario. "What happened to Arc Productions was unfortunate and shocking. A few months ago they were still hiring employees and they had a lot of excellent work."

Arc Productions was also responsible for the animation design and production of Ginorio and Juliet, which also achieved good box office results at the time. Although some animation companies produce well-known excellent animations, they still cannot withstand the huge financial pressure! It can be seen that the animation industry is still in a state of not making enough money for most people.