MOONBUG ENTERTAINMENT ACQUIRES LEADING SINGAPORE PRODUCTION STUDIO, ONE ANIMATION
Moonbug Adding Three-Time Emmy Nominee Oddbods to Its Global Portfolio of Popular Kids Entertainment Brands
LONDON – 24 May 2022 – Moonbug Entertainment, a part of Candle Media, today announced the acquisition of One Animation, a Singapore-based media company and production studio. The company is best known for creating and producing the hugely popular, three-time Emmy nominated series Oddbods, an action-packed, non-dialogue animated show loved by children around the world.
Moonbug will look to expand Oddbods’ global distribution footprint and grow the brand into new formats, products and experiences.
“We continue on our strategy to find the best kids shows in the world and bring them into our portfolio,” said Renè Rechtman, Moonbug Entertainment co-founder and CEO. “One Animation’s creative storytelling and international appeal provide us with even stronger credentials as we continue on our journey to be the leading digital-first kids’ entertainment company in the world.”
“One Animation is a fantastic addition, not only for its successful franchises, but also for its capabilities and scale, and the opportunity to further enhance a dynamic Singapore-based hub for Moonbug as a rapidly growing family entertainment powerhouse,” said Kevin Mayer and Tom Staggs, Co-Chairman and Co-CEO’s of Candle Media.
The acquisition of One Animation, the second acquisition Moonbug has made since becoming part of Candle Media, is the next step as Moonbug continues to expand globally as well as across Asia. Moonbug already has an established hub based in Singapore and are working with major partners across the region on both distribution, licensing and merchandising and live events.
“We are delighted to be part of the Moonbug family which we see as the natural next step in growing our brands into global franchises,” said Sashim Parmanand, One Animation CEO. “Moonbug’s commitment to Singapore as its Asia hub will further bolster the industry and we look forward to collaborating with Moonbug on growth across the region.”
Founded in Singapore in 2008, One Animation is an award-winning 3D animation studio and IP owner. One Animation’s biggest hit, Oddbods is a hilarious comedy show featuring the adventures of seven very individual and quirky friends as they survive the perils of everyday life, where ordinary situations spiral into extraordinary events.
Oddbods is a three-time Emmy nominated global phenomenon broadcast in over 180 countries around the globe. Oddbods YouTube channels have amassed a staggering 24B total views, 32M subscribers and have on average 350m monthly views. The show is also broadcast on major networks around the world including Disney, Cartoon Network, Nickelodeon, Netflix and Amazon. In 2018, Oddbods received its second Emmy nomination in a row, the first ever property to do so in its category.
Post-acquisition, One Animation’s team will join Moonbug, but they will remain in Singapore and continue developing and producing the shows they are currently working on.
For more information on Moonbug, visit www.moonbug.com.
About Moonbug Entertainment
Moonbug Entertainment is an award-winning global entertainment company behind some of the most popular kids’ titles in the world. Moonbug’s lineup includes global sensations CoComelon, Blippi, Little Baby Bum, Little Angel, My Magic Pet Morphle, Supa Strikas, Go Buster, Playtime with Twinkle, Gecko’s Garage, ARPO and many more.
Moonbug’s shows are on more than 150 platforms globally, including YouTube, Netflix, Amazon Prime Video, Sky, Super RTL, BBC iPlayer, HBO Max, Tencent, Youku and Roku. The company’s YouTube channels are viewed over 9 billion times on average every month globally and has more than 440m subscribers. Its portfolio currently stands at 29 IPs and 100+ brand partners and is available in 32 languages.
Moonbug is part of Candle Media, an independent, creator-friendly home for cutting-edge, high-quality, category-defining brands and franchises. By bringing together elite talent operating at the intersection of content, community, and commerce, it helps to position leading entertainment businesses for accelerated, sustainable growth in the current market and beyond. Candle is run by its Co-Chairmen and Co-CEOs, leading entertainment executives Kevin Mayer and Tom Staggs, and backed by investment capital from funds managed by Blackstone’s flagship private equity business.
About One Animation
Singapore-based One Animation is an award-winning 3D animation studio, world-class content producer and distribution company with content that is broadcast in over 180 countries worldwide. Broadcast partners include industry leaders, such as: Netflix, Hulu, Amazon, Cartoon Network, and Disney amongst others.
One Animation’s Oddbods series alone has a staggering 24 billion views across digital platforms, and 32 million subscribers on YouTube.
In the last five years, One Animation has been nominated for more than 25 international awards, including three Emmy nominations for Best Kids’ Animation. The company also has an extensive footprint across retail, and gaming and theme parks.
For more information on One Animation, visit http://oneanimation.com
