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
Global indie animation powerhouse Miyu Distribution has acquired international rights to Fernanda Salgado’s “Ana, en Passant” ahead of its world premiere at the Brasília Brazilian Film Festival and international premiere at the Vancouver Film Festival (VIFF). It will make history at VIFF as the first animated film to compete in its Vanguard program. The film
GameSquare is rebranding its gaming and esports-focused livestreaming measurement platform Stream Hatchet into Hatchet, which it describes as “the first full-service creator matching and brand marketing analytics platform built for marketers looking to engage in youth culture with an emphasis on gaming.” As part of the revamp, Hatchet, which counts Electronic Arts and NASCAR among
RAI Cinema International Distribution has acquired world rights to Italian director Edoardo De Angelis‘ dark tragicomedy “The Fire Within You” ahead of its Venice competition launch. De Angelis, a native Neapolitan, broke out on the festival circuit at Venice in 2016 with the Naples-set conjoined twins drama “Indivisible” and subsequently opened the festival in 2023 with
The BBC has lifted the chaotic lid on “Tall Tales and Murder,” its upcoming dark comedic drama from “Love/Hate” creator Stuart Carolan and co-created with Emmy and DGA award winning “Veep” director Chris Addison. First announced last year and shot in Ireland, the wild-sounding six-part series mixes what the synopsis describes as a “Bonnie and
Generalist, a robotics startup, is now valued at $3 billion after raising additional capital led by 8VC, according to two people with knowledge of the funding. The fresh capital totals nearly $200 million according to a regulatory filing. That additional capital is an extension of a $400 million Series B led by Radical Ventures that