Illumination Entertainment

Illumination Entertainment is an American animation film production company, founded by Chris Meledandri in 2007. It is owned by Meledandri and Universal Studios,  a division of NBCUniversal, with Universal fully financing and owning all the films. The company is best known for being the creators of the Despicable Me franchise, its spin-off/prequel Minions and the films The Secret Life of Pets and Sing. The Minions, characters from the Despicable Me films, are the studio's official mascots. Its films are co-produced and/or distributed by Universal Pictures.

The studio's highest-grossing films are Minions (2015), which has grossed $1.159 billion worldwide; Despicable Me 2 (2013), which has grossed $970.8 million worldwide; and The Secret Life of Pets (2016), which grossed $875.5 million worldwide.

History
Meledandri left his post as President of 20th Century Fox Animation in early 2007 where he supervised or executive produced movies including Ice Age (2002), its sequel Ice Age: The Meltdown (2006), Robots (2005), and Horton Hears a Who! (2008). After leaving, he founded Illumination Entertainment. By 2008, a deal was announced positioning Illumination as NBCUniversal’s family entertainment arm that would produce one to two films a year starting in 2010. As an independent production company, Illumination retains creative control and Universal exclusively distributes the films. During the summer 2011, Illumination acquired the animation department of the French animation and visual effects studio Mac Guff, which animated Despicable Me (2010) and The Lorax (2012), and formed Illumination Mac Guff.

On April 28, 2016, NBCUniversal announced its intent to acquire competing studio DreamWorks Animation for $3.8 billion. Meledandri will oversee both studios following the completion of the merger. On August 22, 2016, the acquisition was completed.

Process
Meledandri is determined to keep his company adhering to a low-cost model, recognizing that "strict cost controls and hit animated films are not mutually exclusive". In an industry where movie expenses often exceed $100 million, Illumination's first two releases were completed with significantly lower budgets, considering Despicable Me's $69 million budget and the $63 million budget of Hop. One way the company sustains a lean financial model is by employing cost-conscious animation techniques that lower the expenses and render times of its computer graphics.

Projects
The studio's first film, 3D CGI feature, Despicable Me, starring Steve Carell, was released on July 9, 2010, and was a smash hit, earning $56 million on its opening weekend, and going on to earn $251 million domestically and $543 million worldwide. Illumination's second film was the live action/CGI hybrid Hop (2011), starring Russell Brand and James Marsden. The film opened to a much bigger than expected $37 million opening, and ended up with $108 million domestically and $183 million worldwide. In 2012, an adaptation of Dr. Seuss' The Lorax, debuted on March 2 earning $70 million on its opening weekend, and eventually found its way to $214 million stateside and $348 million worldwide. The studio's first sequel, Despicable Me 2, opened in the United States on July 3, 2013, earning worldwide over $964 million, becoming the second highest-grossing 2013 animated film and breaking a record as the most profitable Universal Studios film in its 100-year history. The spin-off to Despicable Me, titled Minions, was released on July 10, 2015. It has grossed over $1 billion worldwide. It was then followed by two original animated stories.

The Secret Life of Pets was released on July 8, 2016. Directed by Chris Renaud and Yarrow Cheney, it features Louis C.K. as a Jack Russell Terrier named Max, Eric Stonestreet as a mongrel named Duke, and Kevin Hart as a rabbit named Snowball. Hannibal Buress, Bobby Moynihan, Lake Bell, Ellie Kemper, Jenny Slate, and Albert Brooks also provide voices in the film. The second film, Sing, a comedy about "courage, competition and carrying a tune," written and directed by Garth Jennings, was released on December 21, 2016. Despicable Me 3 is scheduled to be released on June 30, 2017, Dr. Seuss' How the Grinch Stole Christmas on November 9, 2018, directed by Pete Candeland and Yarrow Cheney from an adaptation by Michael LeSieur, and The Secret Life of Pets 2 on July 3, 2019, while Minions 2 is scheduled to be released on July 3, 2020, and Sing 2 is scheduled to be released in time for the holiday season on December 25, 2020. It will be followed by four more untitled films; the release dates are: July 2, 2021; July 1, 2022; December 21, 2022; and June 30, 2023.

Other films in development include the animated feature adaptation of books like Ricky Gervais' Flanimals, Dr. Seuss' The Cat in the Hat and Lockwood & Co.: The Screaming Staircase, and the spec script Johnny Express.

In May 2011, Illumination announced that it would be working with Universal Studios to create Despicable Me: Minion Mayhem, a 3-D ride at Universal Studios in Orlando, Hollywood, and Osaka. The ride officially opened on July 2, 2012 in Orlando, Hollywood on April 12, 2014, and Osaka on April 21, 2017.