Sony Pictures is set to co-produce and co-finance the highly anticipated new animated film, Scarlet, from Academy Award-nominated director Mamoru Hosoda (Mirai, Belle, Wolf Children) with Studio CHIZU and Nippon TV.

Sony Pictures has partnered with Studio CHIZU and Nippon TV to co-produce and co-finance “Scarlet,” the new animated feature from Academy Award-nominated Japanese director Mamoru Hosoda. The film will receive global distribution through Sony Pictures,

Oscar-nominated filmmaker Mamoru Hosoda's next film is titled Scarlet, and Sony Pictures is set to produce it alongside Studio CHIZU and Nippon TV. Yuichiro Saito will serve as the producer on behalf of Studio CHIZU,

Members of the Animation Guild have overwhelmingly agreed to ratify its three-year deal with the studios. The guild saw 76.1% of its members in favor of the contract with the AMPTP. This comes after months of negotiations with the studio reps.

The union that represents Hollywood animators ratified its new contract with the studios, despite concerns among some prominent members over the deal's protections covering artificial intelligence.