Its credits include “Hoodwinked” for the Weinstein Co. Prana has solid relationships with the majors, as it does animation for studio features. Prana appeared to be out of the auction Wednesday afternoon but re-entered the bidding following a continuance in the proceedings Thursday. It was founded as an American company but does much of its animation production through an Indian subsidiary. Prana is a visual effects and animation studio with offices in Los Angeles and India. After a see-saw auction that lasted most of two days and nights, a holding company connected to Prana Studios has agreed in principle to acquire bankrupt visual effects studio Rhythm & Hues.
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