Moonbug Buys One Animation

Moonbug Entertainment has acquired the Singapore-based media company and production studio One Animation, which is behind Oddbods.

Moonbug will be looking to expand the global distribution footprint for the non-dialogue animated show and grow the brand into new formats, products and experiences.

Oddbods is a three-time Emmy-nominated show broadcast in over 180 countries around the globe. Oddbods YouTube channels have amassed 24 billion total views, 32 million subscribers and have on average 350 million monthly views.

“We continue on our strategy to find the best kids’ shows in the world and bring them into our portfolio,” said Renè Rechtman, Moonbug Entertainment co-founder and CEO. “One Animation’s creative storytelling and international appeal provide us with stronger credentials as we continue on our journey to be the leading digital-first kids’ entertainment company in the world.”

“One Animation is a fantastic addition, not only for its successful franchises, but also for its capabilities and scale, and the opportunity to further enhance a dynamic Singapore-based hub for Moonbug as a rapidly growing family-entertainment powerhouse,” said Kevin Mayer and Tom Staggs, co-chairman and co-CEOs of Candle Media.

“We are delighted to be part of the Moonbug family, which we see as the natural next step in growing our brands into global franchises,” said Sashim Parmanand, One Animation’s CEO. “Moonbug’s commitment to Singapore as its Asia hub will further bolster the industry, and we look forward to collaborating with Moonbug on growth across the region.”