Toonz Media Group acquires Irish production house Telegael
Toonz Media Group has acquired a majority stake in the Emmy Awards-winning production house Telegael in Ireland.
This extends the group’s global entertainment footprint and adds major pre and post production facilities to its animation powerhouse, a company spokesman said.
It would also add a large live action studio to its entertainment business, enabling the group to become a major 360 entertainment outfit, the spokesman added.
Toonz Media is one of Asia’s largest entertainment group, with a 400-talent strong studio and produces around 10,000 minutes of 2D & 3D animation and visual effects annually.
Meanwhile Telegael, established in 1988, employees up to 350 entertainment professionals and has produced over 1,000 hours of television. Its clients include The Walt Disney Company, Netflix, Lionsgate, NBC Universal Sprout, BBC, Discovery, and Cartoon Network.