eOne Takes Full Ownership of Digital Studio Secret Location

LONDON/TORONTO/LOS ANGELES: Entertainment One (eOne) has purchased the remaining 50-percent interest in the digital studio Secret Location, giving it full ownership of the next-generation content creator.

In May 2014, eOne acquired an equity stake in the outfit. Since then, Secret Location has been incubating technology and IP as a content studio for emerging platforms. It also won the first Emmy for a VR project.

“As the industry continues to evolve, we are pleased to bring new content formats and platform expertise more deeply into our business,” said Darren Throop, eOne’s president and CEO. “The completion of our acquisition further builds on our core capabilities and augments our ability to bring the best content to the world.”