Sony Pictures Animation
In 2001, Sony Pictures considered selling off its visual effects facility Sony Pictures Imageworks but after failing to find a suitable buyer, having been impressed with the CGI sequences of Stuart Little 2 and seeing the box office successes of DreamWorks Animation's Shrek and Disney/Pixar's Monsters, Inc., SPI was reconfigured to become an animation studio. Astro Boy, which had been in development at Sony since 1997 as a live-action film, was set to be SPI's first all-CGI film, but never made it to fruition.[3] On May 9, 2002, Sony Pictures Animation was established to develop characters, stories and movies with SPI taking over the digital production while maintaining its visual effects production.[4] Meanwhile, SPI produced two short films, the Academy Award-winning The ChubbChubbs! and Early Bloomer, as a result of testing its strengths and weaknesses in producing all-CGI animation.[5]