{"id":18946,"date":"2020-07-31T08:50:49","date_gmt":"2020-07-31T12:50:49","guid":{"rendered":"https:\/\/dev2.worldscreen.com\/tvkids\/worldscreen.com\/"},"modified":"2020-07-31T08:55:52","modified_gmt":"2020-07-31T12:55:52","slug":"moonbug-secures-120-million-in-funding-acquires-cocomelon-blippi","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tvkids\/moonbug-secures-120-million-in-funding-acquires-cocomelon-blippi\/","title":{"rendered":"Moonbug Secures $120 Million in Funding, Acquires CoComelon &#038; Blippi"},"content":{"rendered":"<p>Moonbug Entertainment has raised $120 million in a funding round to support growth and acquisitions, along with adding to its portfolio the YouTube sensations CoComelon and Blippi.<\/p>\n<p>CoComelon is touted as the world\u2019s most-viewed YouTube channel, with over 3.5 billion average monthly views. It focuses on relatable family experiences that help kids constructively interact with daily routines, making parents\u2019 lives easier. Blippi has more than half a billion average monthly views. The brand comprises a live-action program that has educational content, a successful toy line and sold-out live shows in the U.S.<\/p>\n<p>Moonbug Entertainment secured the $120 million in a funding round led by Goldman Sachs Growth Equity (GS Growth) and Fertitta Capital. Existing investors The Raine Group and Felix Capital participated.<\/p>\n<p>\u201cIt is a tremendous accomplishment to acquire two of the world\u2019s most loved children\u2019s shows. We are excited to support their continued growth and expand the brands into global entertainment franchises,\u201d said Ren\u00e8 Rechtman, co-founder and CEO. \u201cIt is a transformational step for our business.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Moonbug Entertainment has raised $120 million in a funding round to support growth and acquisitions, along with adding to its portfolio the YouTube sensations CoComelon and Blippi.<\/p>\n","protected":false},"author":350,"featured_media":18947,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":0,"footnotes":""},"categories":[21],"tags":[4888],"class_list":["post-18946","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-top-stories","tag-moonbug-entertainment","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Moonbug Secures $120 Million in Funding, Acquires CoComelon &amp; 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