Nintendo just bought an animation studio

The Nintendo Pictures Group is an actual thing after the Japanese company acquired an animation studio.

Nintendo is the world's largest video game company in terms of revenue with an estimated net value of over $85 billion. Now, it appears that the Japanese gaming kaiju is thinking of conquering a different field.

Nintendo Bought Animation Studio
Dynamo Pictures was part of the group that helped bring Metroid: Other M to life.

Nintendo is now the new owners of the CG animation and motion capture studio, Dynamo Pictures. Nintendo will rename the company, which previously did motion capture work for Persona 5, Death Stranding, and NieR Replicant, into Nintendo Pictures.

Does this mean that Nintendo is finally ready to jump back into Hollywood after all these years? We can't say for sure. But, it is curious that the acquisition comes as Nintendo is working on the company's first big-screen adaptation in a long time in next year's Super Mario Bros. movie starring Chris Pratt.

Nintendo Bought Animation Studio
Dynamo Pictures made all the Pikmin short movies.

The deal, which will close by October 3, is a complete takeover with Nintendo getting "100 percent of the outstanding shares". In turn, this will turn the newly acquired studio into a "wholly owned subsidiary" where the company's goal is to "strengthen the planning and production of visual content in the Nintendo group."

Another interesting part about Nintendo's statement is that the company said the buy-out "will only have a minor effect on Nintendo's results for this fiscal year." This implies that Nintendo Pictures won't have big projects until 2024 if not beyond.

Kotaku reached out to Nintendo to ask more about the acquisition, and here's what it had to say:

Dynamo Pictures will be producing CG video content based on Nintendo IP, but we have nothing to announce at this point on what exactly they will be involved in.

TLDR; Nintendo Pictures is keeping its plans under lock and key.

Ultimately, the move is in line with the sudden shift in the entertainment industry. There's a growing list of video games that have had successful movie and TV show adaptations in the past few years. The biggest one is easily Sonic the Hedgehog 2 followed by Uncharted. The Mortal Kombat series also enjoyed a successful movie reboot last year with a sequel already halfway done.

With Sony all-in on its non-gaming PlayStation IP investments, it will be interesting to see how well Nintendo's non-gaming ventures will do.

For now, gamers can look forward to Nintendo's upcoming exclusive games such as Bayonetta 3, Pokémon Scarlet and Violet, and Splatoon 3.

Ray Ampoloquio
Ray is a lifelong gamer with a nose for keeping up with the latest news in and out of the gaming industry. When he's not reading, writing, editing, and playing video games, he builds and repairs computers in his spare time. You can find Ray on Twitter.
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