Astroboy Still Flying High

Over the weekend an interesting bit of news began to circulate – that the upcoming CG-animated feature film based on the classic anime “Astro Boy” had shut down.

Animation Guild Blog was first to report that the producers Imagi Studios was “currently be out of cash and temporarily shutting down operations” and one of the LA animators claims “he was called at home on Saturday, Jan. 24, and told that the studio was out of cash, and that he should not report to work on Monday.”

Well things may have gotten too excited as IO9 got in touch with Imagi U.S. president Erin Corbett who says the production is shutting down, but only for a week. Corbett also says that not only do they have the money to finish making the film but it remains on course to make its October 23rd release date.

At present the film is entirely storyboarded and planned out, animation is about 50 percent rendered and completed at this point. Almost all of the film’s vocal talent has already been recorded.

A new round of financing comes through next week which is said to be covering the remaining expenses on the project. Added to this they still very much hope to get a CG “Gatchaman” movie in theaters by November 2010.