Alex Ramirez Animation

Alex Ramirez Animation  is an American traditional/computer animation film studio based in TBA. Founded in 1990 by Alex Ramirez, the studio develops and produces animated films, TV shows, and short films and is best known for the animated films. The studio's most recent release was Jack and Jim Presents: Billy and Max on January 20, 2023, with their next film being Pucca: The Movie on August 25, 2023. The studio's highest grossing film is Jack and Jim's Big Adventure with $521.6 million worldwide.

History
Coming soon!

Bankruptcy and reemergence (2018-present)
The company started to decline in it's recent years due to the box office failures of many films under their banner and filed for Chapter 11 bankruptcy at one point in 2019 due to poor box office for their recent films. A main factor of the companies decline came from the poor box office reception from their films throughout 2015 to 2018. During 2019, there were rumors of WarnerMedia interested in buying Alex Ramirez Animation with Ramirez himself working for the studio still. Despite the success of Jack and Jim’s Big Adventure, the studio still suffered a $100 million loss from the poor home media sales of their recent films. On June 9, 2020, it was announced that the studio took a $300 million write down due to the impact of the COVID-19 pandemic as well as from pushing back Jack and Jim's Spy Adventure.

The studio's next film, Jack and Jim Presents: Billy and Max was released on January 20, 2023 to negative reviews and failed at the box office, grossing $51 million on a budget of $40 million and $150 million including marketing, with an estimated loss of $90–117 million while also becoming the lowest grossing film in the Jack and Jim franchise.

Attempted sale efforts/2nd Bankruptcy
Deadline Hollywood reported on February 16, 2023 that ARA had entered talks with private equity firm Colony Capital for the possible sale of its assets due to the financial shortcomings of ARA's recent releases. Other persons and companies that had expressed interest in acquiring ARA included rapper Jay-Z, Yucaipa Companies, Paramount Global, Lionsgate, Metro-Goldwyn-Mayer, Legendary Entertainment, A24, Killer Content, Shamrock Holdings, Netflix, Vine Alternative Investments, STX Entertainment, Comcast, beIN Media Group (the current owner of Miramax), BlackRock, Sony Pictures Television, Lantern Entertainment, rapper Jay-Z, The Walt Disney Company, Warner Bros. Discovery, and Skydance Media. The top contenders ended up to be Lionsgate, A24, The Walt Disney Company, Metro-Goldwyn-Mayer, Lantern Entertainment, and Warner Bros. Discovery.

On March 9, 2023, Alex Ramirez Animation filed for Chapter 11 bankruptcy and cited the recent performance of Billy and Max as well as a $100 million loss in 2022 from their lack of releases. Ramirez stated that he plans to explore options to keep the studio open and looking the potential buyers.

Feature Films
''Coming soon!