In 1948,
Toei Animation was founded and produced the first color anime
feature film in 1958,
Hakujaden (
The Tale of the White Serpent, 1958). This film was more
Disney in tone than modern anime with musical numbers and animal sidekicks. However, it is widely considered to be the first "
anime" ever, in the modern sense. It was released in the US in 1961 as
Panda and the Magic Serpent. From 1958 to the mid-1960s, Toei continued to release these Disney-like films and eventually also produced three of the most well known anime series,
Dragon Ball in 1986 and
Sailor Moon in 1992 and Digimon in 1999.
Toei's style was also characterized by an emphasis on each animator bringing his own ideas to the production. The most extreme example of this is
Isao Takahata's film
Hols: Prince of the Sun (1968).
Hols is often seen as the first major break from the normal anime style and the beginning of a later movement of "
auteuristic" or "progressive anime" which would eventually involve directors such as
Hayao Miyazaki (creator of
Spirited Away) and
Mamoru Oshii.
A major contribution of Toei's style to modern anime was the development of the "money shot". This cost-cutting method of animation allows for emphasis to be placed on important shots by animating them with more detail than the rest of the work (which would often be limited animation). Toei animator
Yasuo Ōtsuka began to experiment with this style and developed it further as he went into television. in the 1980s Toei would later lend it's talent to companies like
Sunbow Productions,
Marvel Productions,
DiC Entertainment,
Murakami-Wolf-Swenson,
Ruby Spears and
Hanna Barbera with producing several animated cartoons for America during this period. Other studios like
TMS Entertainment, were also being used in the 80's, which lead to Asian studios being used more often to animate foreign productions, but the companies involved still produced anime for their native Japan.
Osamu Tezuka started a rival production company called
Mushi Productions. The studio's first hit
Mighty Atom became the first popular anime television series in 1963. Contrary to popular belief,
Atom was not the first anime series broadcast in Japan; that honor falls to
Otogi Manga Calendar, which began broadcasting in 1962. The first non-series anime broadcasted was
Three Tales. However,
Atom was the first series to feature regular characters in an ongoing plot. American television, which was still in its infancy and searching for new programming, rewrote and adapted
Atom for the
United States in 1964, retitled as
Astro Boy. The success of
Atom in Japan opened the doors for many more anime titles to be created, including
Mitsuteru Yokoyama's
Tetsujin 28-go (the first
Super Robot anime show, later released in the U.S. as
Gigantor), Tezuka's
Jungle Emperor (later released in the U.S. as
Kimba the White Lion) and
Tatsuo Yoshida's
Mach Go Go Go (later released in the U.S. as
Speed Racer), which was produced by Tatsunoko Production Co., Ltd.