LA-Based mostly Viva Youngsters has acquired a minority stake in Canary Islands-based animation studio 3 Doubles Producciones.
Below the phrases of the deal, Viva could have the choice to accumulate a majority share in 3 Dobles after two years.
The 2 corporations have a robust working relationship and Viva can be releasing 3 Doubles’ newest characteristic Inspector Solar and the Curse of the Black Widow in U.S. theaters on October 13. Inspector Solar, a family-friendly movie twist on Agatha Christie’s Homicide on the Orient Categorical, simply screened out of competitors at this 12 months’s Annecy Competition.
Extra particulars:
- Based mostly in Santa Cruz de Tenerife, an more and more necessary sizzling spot for European animation manufacturing, 3 Doubles focuses on each second and cg animation. It was based in 2017 by Darío Sánchez, a long-time veteran of the animation and online game industries whose credit embrace producer on the cg-animated collection Momonsters for RTVE in Spain, govt producer on the indie animated characteristic Winnipeg, Seeds of Hope, and manufacturing supervisor on Nella the Princess Knight for Nickelodeon.
- 3 Doubles upcoming pipeline contains cg-animated options Norbert, 200% Wolf, Superklaus, and Giants of La Mancha.
- In 2020, Ignacio Navas, proprietor of the Madrid-based online game developer MercurySteam, and José Ángel Olmo, founding father of the Aliot Innovation financing company, grew to become companions at 3 Doubles.
- Viva senior VP of operations Laura Prieto will be a part of 3 Doubles’ board as a member and appearing secretary. Sánchez will proceed as CEO and Navas as president.
- Chatting with Selection, which broke the information, Viva president Victor Elizalde stated: “This new acquisition permits Viva the flexibility to supply animated movies in-house while exposing 3 Doubles to a wider set of shoppers. This pure subsequent step in persevering with to supply and distribute animated content material globally is a real win-win state of affairs for each corporations.”
- Sanchez added, “We’re very proud and glad with the settlement reached with Viva Youngsters. This settlement represents an necessary enhance for our firm and it’ll enable us to strengthen our technological capabilities and proceed to develop high-quality and entertaining initiatives.”
Photos at high: Inspector Solar And The Curse Of The Black Widow
