The universe that is Viacom continues to grow! One section, Paramount Pictures, has just recently announced a new in-house animation division that they proudly refer to as Paramount Animation. The goal of the dept is to pump out CG animated films, on a Pixar and DreamWorks Animation level, and much of the focus will be on Nickelodeon properties, whom also fall under the giant Viacom umbrella. The studio’s first official film under the new studio should hit theaters in 2014, boasting a budget of up to $100 million. With Paramount’s first fully owned CG property, Rango, a success on the big screen, it’s likely we’ll see sequels for the Johnny Depp-voiced lizard shift over to Paramount Animation.