{"id":28781,"date":"2024-12-06T09:05:24","date_gmt":"2024-12-06T14:05:24","guid":{"rendered":"https:\/\/worldscreen.com\/tvkids\/riva-studio-acquires-teamto\/"},"modified":"2024-12-06T11:22:09","modified_gmt":"2024-12-06T16:22:09","slug":"riva-studio-acquires-teamto","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tvkids\/riva-studio-acquires-teamto\/","title":{"rendered":"Riva Studios Acquires TeamTO"},"content":{"rendered":"<p>The Commercial Court of Paris has officially approved RIVA Studios&#8217; acquisition of TeamTO.<\/p>\n<p>Following a highly competitive bidding process, the Italian-based RIVA Studios has saved the French animation studio from bankruptcy. The studio will continue operating from Valence and Paris, retaining the majority of its staff. The new executive team is led by Marco Balsamo, Jay Oliva and Tara Sibel Demren.<\/p>\n<p>TeamTO founders Guillaume Hellouin and Corinne Kouper will continue as executive advisors while also serving as executive producers on current and upcoming projects. They will work closely with the new leadership team to ensure seamless collaboration on all productions.<\/p>\n<p>Balsamo said: \u201cTeamTO set a world-class standard for animation, and this is a pivotal moment for the studio. Under this new direction, we\u2019re not just continuing the studio\u2019s legacy\u2014we\u2019re building a stronger, more ambitious company that\u2019s ready to elevate that standard and redefine what\u2019s possible. With our team\u2019s vast experience, passion, and bold vision for the future, we\u2019re ready to break new ground and shape the future of the industry that we all love.\u201d<\/p>\n<p>Oliva added: \u201cOpportunities like this are rare, and I couldn\u2019t be more excited to help lead TeamTO into a new era. In today\u2019s evolving animation landscape, this is a golden opportunity to expand the studio into uncharted territories that will push creative boundaries through innovative visual styles and immersive stories that will inspire audiences around the world. I can\u2019t wait for everyone to see what\u2019s next!\u201d<\/p>\n<p>Hellouin commented: \u201cWe couldn\u2019t be happier as we know this leadership team will honor our two decades of creative excellence with a visionary plan that will ensure TeamTO\u2019s success for another twenty years and beyond.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Commercial Court of Paris has officially approved RIVA Studios&#8217; acquisition of TeamTO.<\/p>\n","protected":false},"author":350,"featured_media":28782,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":0,"footnotes":""},"categories":[21],"tags":[10305,95],"class_list":["post-28781","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-top-stories","tag-riva-studio","tag-teamto","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Riva Studios Acquires TeamTO - 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