WILDBRAIN ANNOUNCES AGREEMENT TO ACQUIRE HOUSE OF COOL, A LEADER IN PRE-PRODUCTION CAPABILITIES FOR PREMIUM ANIMATED SERIES AND MOVIES
Retrieved on:
Martedì, Marzo 28, 2023
WildBrain Studios, House of Cool, Rio, Life, Toronto Stock Exchange, Ice Age, CAD, Acquisition of 21st Century Fox by Disney, Marvel Studios, Sony Pictures Animation, DreamWorks, Angry Birds, IP, Blue Sky Studios, Ice, Pretzel, The Peanuts Movie, EBITDA, Acquisition, Collection, Rovio, Puppy, Despicable Me, TSX, Elephant, Environment, Character, House, Industrial design, Security (finance), Film industry, WildBrain, Trollhunters, The Walt Disney Company, Netflix
A strategic extension of WildBrain's focus on creative excellence, the acquisition significantly expands and enhances the Company's pre-production capabilities for premium animated series, specials and features.
Key Points:
- A strategic extension of WildBrain's focus on creative excellence, the acquisition significantly expands and enhances the Company's pre-production capabilities for premium animated series, specials and features.
- Under the agreement, WildBrain will acquire full ownership of House of Cool.
- Additionally, there is an earn-out of up to $6 million based on collection of tax credits earned up to closing.
- House of Cool is recognized as one of the very best pre-production companies in the global animation industry.