Loomi Animation will focus on original content for Epic Story Media and Epic Storyworlds, starting with Dex and the Humanimals for CBC Kids.
The Toronto-based toymaker and entertainment company is jumping on the retro toy train, in a US$50-million deal for the popular ’80s STEM puzzle.
The streamer has ordered 40 x 11-minute episodes of new animated musical series from 9 Story Media Group and Chris “Ludacris” Bridges.
The kids-focused producer and distributor has added executive firepower across its distribution, development, legal and technology teams.
Kicking off with Dex and the Humanimals, Epic Storyworlds is founded by Ken Faier and Steve Couture and will focus on interactive franchises.
President of family brands Olivier Dumont weighs in on why the SVOD was the right partner for the studio’s space-themed family series Alien TV.
Revenue dipped 4.9% to US$227.3 million, offset partially by growth in construction toys, games and puzzles.
The owner of Entertainment One saw its revenue decline 7.5% to US$1.11 billion in Q1 as production of both toys and shows were delayed by COVID-19.
President and CEO Vince Commisso explains how the company will maintain its output in the long term during the COVID-19 crisis.
Once the toy and entertainment company’s golden egg, the brand contributed to a 3% decline in revenue for fiscal 2019.
The popular puppy property’s first animated feature will be distributed by Paramount Pictures in August 2021, and will be followed by multiple feature films from Spin Master.
Founded by former Hasbro and Fisher-Price execs, the newly launched toyco will create toys inspired by key IPs from Ken Faier’s Epic Story.