Studio 100 Buys Stake in 3Doubles Producciones

Studio 100 Media has acquired a stake in 3Doubles Producciones, based in Santa Cruz de Tenerife, Canary Islands, Spain.

Studio 100 Media and 3Doubles have already collaborated on projects such as the brand-new feature film Giants of La Mancha and the Mia and me: The Hero of Centopia movie.

Studio 100 Media’s CEO, Martin Krieger, said: “This acquisition is an important next step for the expansion of Studio 100 Media’s European slate of animated series and movies. It will further strengthen our close cooperation with LA-based Viva Kids, who also acquired a stake in 3Doubles earlier this year. We are thrilled to work with such exceptional partners and to be part of a major force in creating and distributing innovative content for the international market.”

The three companies will be producing new movies and series together, which will be distributed by Studio 100 Media internationally, while Viva Pictures holds the North American movie distribution.

“As a newly added shareholder, Studio 100 Media is the perfect match for Viva’s and our collaboration with the aim of becoming a global powerhouse,” added Darío Sánchez, CEO and producer at 3Doubles Producciones.

Victor Elizalde, managing partner of Viva Pictures, commented: “It is with great pleasure that we welcome Studio 100 Media into this global production and distribution trifecta of companies. Collectively, 3Doubles, Studio 100 Media and Viva Pictures will have a footprint on par with the major motion picture studios.”