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Rising production costs and diminishing profits
- By that point, Walter Lantz Productions and DePatie-Freleng Enterprises were the last remaining American animation studios which still regularly produced theatrical animated short films. Lantz decided to shut down his studio due to rising production costs and diminishing profits.
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Unlike other major animation studios of America, the studio never continued full-time in existence during the classic period of American animation, closing down in 1949 for two months, and then in 1950, reopening its doors one year later (both closures were caused by financial problems inside Lantz's distributors); it was shut down again ...
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The studio shut down in 1972 (by then, he later explained, it was economically impossible to continue producing them and stay in business as rising inflation had strained his profits), and Universal serviced the remaining demand with reissues of his older cartoons.
Mar 20, 2014 · That judgment was fairly easy to see: During the 1940s, he shortened his byline from “Walter” to “Walt,” to ape the more famous Walt; and, in the 1950s, he served as the avuncular host of his...
In 1927, Bray shut down his studio, and Lantz moved to Hollywood, where he worked for several years as a gagman for Mack Sennett. After a similar stint for Hal Roach, he found himself at Universal, working on the Andy Gump comedies, and came to meet the studio's founder and president, Carl Laemmle, who gave him the opportunity to launch a ...
Lantz decided to shut down his studio due to rising production costs and diminishing profits. He continued to earn a living through licensing his characters for media use, and by selling his drawings and paintings to collectors.
- April 27, 1899
- March 22, 1994
At the recommendation of BAC president Joe Rosenberg, Lantz decided to shut down his studio temporarily at the end of 1949 until the loan was reduced. He asked Universal to reissue his older films during the hiatus, a request accepted by Universal president Nate Blumberg.
Aug 6, 2021 · But Lantz was at his zenith at this time, and “chances” are that a Lantz feature might have been financially successful. But, Lantz did manage to keep his studio, which continued to produce theatrical cartoons long after the other established studios, including Fleischer had closed.
