“The content landscape has changed…Now, there is an inherent challenge to monetizing kids content,” says CloudKid co-founder Dave Schlafman, regarding the decision to shutter the Emmy Award-winning Boston-based digital studio and join social robotics startup Jibo.
Preschool brand Peppa Pig contributed to a 42% rise in pre-tax profit for Entertainment One during the first half of the company’s fiscal year, and the franchise’s US$1 billion in retail sales are expected to double by 2020.
DHX Media reported revenue of US$48 million for Q1 2016, a nearly 50% jump over last year, thanks in part to new digital platform deals and global expansion. To that effect, the company has just inked two new non-exclusive content deals in China.
CEO and founder Malcolm Bird opens up about pulling the plug on his fledgling tween-targeted VOD/social networking platform Viddiverse, 18 months after its May 2014 launch.
As direct-to-consumer films continue to be a hit among young audiences, Disney-owned Maker Studios is collaborating with Off The Dock to create a full-length mockumentary starring YouTube creators.