Nintendo to acquire animation studio and form 'Nintendo Pictures'

Nintendo has entered an agreement to acquire a company that it would develop visual content through and rebrand as Nintendo Pictures.

The agreement: Nintendo plans to acquire 100% of the CG production company.

The deal would see Nintendo acquire the entirety of Dynamo Pictures and utilize it as its own subsidiary.
Financial details of the prospective transaction have not been disclosed at the time of publication but it will only have a "minor effect" on the company's results for the year.
Should the deal close, Dynamo Pictures will be rebranded as Nintendo Pictures as the company looks to strengthen its planning and production of visual content, according to an announcement.
As per its IMDb page, the production company has worked on titles such as Death Stranding, Persona 5, and Metroid: Other M.

The big screen: Could Nintendo be preparing to hit Hollywood hard?

Over the years there has been a growing interest in adapting popular video games into movies and series, whether that's Sonic the Hedgehog on the big screen (it even got a sequel!) or the Halo show on Paramount+.
Nintendo is working towards releasing an animated movie based on the Super Mario Bros. franchise that'll star Chris Pratt. It's said to be released early in 2023. Detective Pikachu, a decently received Pokémon movie, was released in 2019.
Riot Games' success with Arcane is likely inspiring a bunch of its fellow game developers to work towards expanding their IP into new avenues. It's unclear how exactly Nintendo plans to utilize Dynamo Pictures when the acquisition is cleared.