"Astro Boy" Still Flying Despite Cash Problems
Wed, 28 Jan 2009

Financial difficulties won't stop "Astro Boy" from flying. Production on the CG animated film has been temporarily halted but will resume, Imagi Animation Studios assured fans.

Animation Guild Blog reported that the project, based on the highly successful Japanese comic and TV franchise, was shelved because of cash flow problems.

However, the studio's president, Erin Corbett, said that although the production for the film has been halted, they plan to resume as soon as the new round of financing comes in on February 3.

She told io9.com, "We had this money secured in the late fall. We had bridge money to take us through February, when we knew that the bridge money was not going to [materialize]... we could not have people come in and not be sure [we'd be able to pay them]."

At present, the animation is about 50 percent rendered and completed, and almost all of the film's vocal talents - "Spiderwick Chronicle" star Freddie Highmore as the title character, Nicolas Cage as Dr. Tenma, Kristen Bell, Nathan Lane, Matt Lucas, Bill Nighy, Eugene Levy, and Donald Sutherland - has already been recorded.

"Astro Boy" is slated to be released on October 23.

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