Animation Studio FINED $500K for Working with North Korea?!

Clownfish TV: Audio Edition

An Italian animation studio got hit with a $500,000 penalty for using a US bank to pay a North Korean animation studio that they were outsourcing to. Now that we know shows like Invincible are (reportedly) animated in North Korea, could Amazon and Warner Bros. also get hit with penalities? Will this lead to even MORE contraction in the Western Animation industry? ➡️ Tip Jar and Fan Support: http://ClownfishSupport.com ➡️ Official Merch Store: http://ShopClownfish.com ➡️ Official Website: http://ClownfishTV.com ➡️ Audio Edition: https://open.spotify.com/show/6qJc5C6OkQkaZnGCeuVOD1 An Italian animation studio was fined $500K for outsourcing work to North Korea, violating sanctions, and potentially involving Amazon Prime and HBO Max, raising questions about North Korea’s involvement in Western animation production. 00:00 Italian animation studio fined $500K for outsourcing work to North Korea, violating sanctions, with allegations that Amazon Prime and HBO Max are also involved. 02:46 Italian animation studio fined $538,000 by US Treasury for violating sanctions by sending money to North Korea for production services. 04:26 Animation studio fined $500K for working with North Korea and laundering money through third-party companies. 05:33 US animation studio fined $500K for making payments to North Korea through a US shell organization. 06:57 American animation studio fined $500K for outsourcing work to North Korea, raising questions about North Korea’s involvement in Western animation production. 09:43 Animation studio can work independently and cut out middlemen to be more cost-effective, despite potential fines for working with North Korea. 10:38 Animation studio fined $500K for working with North Korea, but smaller independent companies can compete with less overhead, and animators should consider starting their own thing and working from home or in a cheaper location. 11:54 Animation studio fined $500K for working with North Korea. About Us: Clownfish TV is an independent, opinionated news and commentary channel that covers Entertainment and Tech from a consumer’s point of view. We talk about Gaming, Comics, Anime, TV, Movies, Animation and more. Hosted by Kneon and Geeky Sparkles. Disclaimer: This series is produced by Clownfish Studios and WebReef Media, and is part of ClownfishTV.com. Opinions expressed by our contributors do not necessarily reflect the views of our guests, affiliates, sponsors, or advertisers. ClownfishTV.com is an unofficial news source and has no connection to any company that we may cover. This channel and website and the content made available through this site are for educational, entertainment and informational purposes only. These so-called “fair uses” are permitted even if the use of the work would otherwise be infringing. #Animation #Invincible #News #Commentary #Reaction #Podcast #Comedy #Entertainment #Hollywood #PopCulture #Tech