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Mediawan Group Collaborates with ZAG, ON Kids and Family to Partner with Chinese Entertainment Provider Fantawild
Monday 24 February 2020

24 February 2020 - Paris-based Mediawan Group (PAR: MDW), ZAG and ON Kids and Family have formed a joint venture partnership with Chinese entertainment conglomerate Fantawild to develop Miraculous in China, an animated brand, the company said.
Terms of the transaction were not disclosed.
The partnership is part of a broader development strategy on the Chinese market and will establish Miraculous in China in all segments of business, including the launch of the series, the theatrical release of the film, licensed merchandise and promotional products, and location-based entertainment.
Fantawild is active in the production and creation of content, the company is renowned for Boonie Bears, an animated media franchise in China. Fantawild is the owner of a chain of theme parks in China, with 29 parks in operation and 10 in construction.
Mediawan is an independent audiovisual content player that operates in four sub-sectors: production of original drama and documentary content, operation of animation brands, distribution of audiovisual content and publication of digital services and channels.
ON kids and Family is an independent European studio and player in the production of animated content for children and families, mainly TV series and international feature films.
ZAG America, LLC is a global independent entertainment studio specialising in storytelling across TV, film and digital platforms.
Details
Date Published: 24/02/2020
Target: Deal to develop animated brand Miraculous in China
Country: China
Sector: Media
Type: JV
Financing:
Status: Closed
Vendor:
Buyer: Mediawan Group, ON Kids and Family/ Fantawild
Comment:
Terms of the deal were not disclosed

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