European media large Mediawan has acquired a majority stake in Emmy-winning Dutch manufacturing studio Submarine. The monetary phrases of the deal weren’t disclosed in at the moment’s buy announcement.
Right here’s what we do know concerning the acquisition:
- Mediawan says the brand new partnership will “speed up the group’s technique by way of establishing worldwide co-productions in addition to constructing a robust catalog of IPs which might be engaging to main inventive skills.”
- Based mostly in Amsterdam, Submarine has established itself as one in every of Europe’s main animation producers. Latest titles on which Submarine has labored embody Netflix’s Apollo 10 1/2: A Area Age Childhood and The Sandman, Amazon’s Annie-winning collection Undone, and Buñuel within the Labyrinth of the Turtles. Its upcoming tasks embody Oscar-nominated duo Fernando Trueba and Javier Mariscal’s (Chico & Rita) subsequent movie They Shot the Piano Participant and Mascha Halberstad’s characteristic adaptation of the Submarine’s well-liked children and household collection Fox and Hare Save the Forest.
- Mediawan’s spectacular children and household secure consists of Someplace Animation, Methodology Animation, On Classics, Magical Society, and Elliot Studio. Huge-name productions from these different corporations embody The Little Prince (On Classics), Miraculous – Tales of Ladybug & Cat Noir (Methodology Animation co-produced with Zag Animation), and final yr’s Annecy greatest characteristic winner Little Nicholas – Blissful As Can Be (On Classics).
- Elisabeth d’Arvieu, CEO of Mediawan Photos, stated in a launch: “[Submarine’s] experience in all genres and significantly in Grownup Animation and Worldwide Collection and their urge for food for co-productions is an actual asset for the continual improvement of our group.”
- Femke Wolting and Bruno Felix, co-founders and managing administrators of Submarine, added: “Becoming a member of forces with Mediawan opens up a wealth of alternatives, permitting us to faucet into their intensive community, assets, and industry-leading experience. This thrilling partnership will gasoline our mission of manufacturing groundbreaking and modern movies and collection that resonate with world audiences.”
