Baobab Studios has secured a strategic investment from Naver Ventures, the U.S.-based venture investment arm of Naver Corporation, the 10-time Emmy-winning transmedia animation studio has revealed. Naver Corporation is one of South Korea’s largest internet companies and the parent of Webtoon Entertainment Inc. Variety understands the investment is worth seven figures and values Baobab above
Richard L. O’Connor, an Emmy-winning producer known for his work as an executive in charge of productions like “The Muppet Movie,” “On Golden Pond” and “Hickey & Boggs,” died July 22 in Palm Desert, California. He was 96. O’Connor’s death was confirmed to Variety by his family. O’Connor won an Emmy back in 1990 for
