Outfit7 signs five-year deal with Alibaba

The company behind Talking Tom and Friends has struck a new licensing deal to further develop its brand in China.
October 4, 2018

The entertainment company behind Talking Tom and Friends has signed a five-year strategic agreement to have Alibaba to represent its licensing interests in Mainland China, Macau, Hong Kong and Taiwan.

Signed by Outfit7′s owner, Zhejiang Jinke Culture, the deal will mainly focus on licensed product development and related marketing activities, leveraging Alibaba’s massive e-commerce network.

The Talking Tom games have amassed nearly 10 billion downloads worldwide, and they represent one of the fastest-growing mobile game franchises to date. Outfit7 has also recently released the third season of its CGI-animated series based on the IP, the first season of which has aired in 166 countries.

The latest sales for Talking Tom and Friends include K2 (Italy), Teletoon+ (French-speaking territories) and POP (UK, Ireland, Africa and Sub-Saharan Africa).

Outfit7 was bought by its Chinese owners back in 2017 for US$1 billion, showing the content creation power of YouTube, which is where the franchise got started.

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