Cinedigm Partners with Fantawild to Operate Animated Streaming Channel
August 06 2020 - 9:25AM
Business Wire
Deal with China’s #1 Theme Park and
Children’s Media Company Brings Thousands of Hours of Top-Rated
Programming to American Audiences
Cinedigm (NASDAQ: CIDM) announced today a partnership with
Fantawild, China’s Largest Theme Park Operator and the Top producer
of Children’s Animation in Asia, to launch a new global streaming
service featuring thousands of hours of the company’s widely
acclaimed animated series. The Fantawild channel is planned for a
launch in the second half of 2020 and will be available worldwide
for linear and AVOD platforms on connected TVs, digital set-top
boxes, media-streaming devices, as well as the web. In addition,
Cinedigm will distribute select Fantawild programming in North
America across the broader OTT landscape to its network of hundreds
of distribution partners in the streaming space, including Apple,
Microsoft, Netflix, Google, Amazon, Tubi and many others.
This press release features multimedia. View
the full release here:
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Boonie Bears from Fantawild (Graphic:
Business Wire)
With 29 theme parks in operation and 10 more under development,
Fantawild is one of the top drivers of China’s rapidly growing
tourism industry and attracts more than 50 million visitors
annually. The company is ranked 5th on the list of top 10 theme
park groups worldwide, placing ahead of major US-based park
operators such as Six Flags Group, Cedar Rapids Group and Sea World
Attractions, among others.
Fantawild Animation group is the top producer of animated
programming in China. The company’s highly rated animated series
are broadcast nationally on more than 200 TV stations and have
garnered more than 300 billion views on streaming services to date.
Internationally, the programs have been distributed to more than
120 countries and territories including the US, Italy, Russia,
Singapore, and more, including distribution on media giants such as
Nickelodeon, Disney, Sony, Netflix, Hulu, and Discovery Kids.
Fantawild’s animated theatrical releases have generated more than
$415 million domestically in revenues to date. The company’s
animated series have won numerous awards, including "Key National
Animation Brand," and Highly Commended Awards for “Best 3D Animated
Program” at ATF, as well as the Kids Jury Awards at MIPJunior in
Cannes.
Fantawild’s Boonie Bears franchise is China’s top animated media
property, having the distinction of being the highest rated TV
series in the history of CCTV, China’s national TV network. The
series details the story of a woodland friendship between two bears
and the trials and tribulations that come from interactions with
their rival, the Logger Vick. The originality, cleverness and
energy exhibited by the franchise interweaves comedy and laughter
amidst themes of friendship and forest conservation. This
entertaining and educational mix has become a worldwide phenomenon,
leading to wildly successful brand extensions mobile and tablet
educational apps for children and more than $435 million in annual
toy and merchandise sales.
In addition to thousands of hours of programming, major
Fantawild films included in the deal include the 2019 feature film
release Boonie Bears: Blast into the Past, the forthcoming 2020
global theatrical release Boonie Bears: The Wild Life and
television series which include the smash hits Boonie Bears: The
Adventurers, and Boonie Cubs, an edutainment series showing
children that learning can be fun.
"As we have demonstrated over the last year, Cinedigm’s mission
is to partner with the world’s largest media brands and launch new
streaming services to billions of people across the globe and this
partnership dramatically expands that scope,” said Erick Opeka,
President of Cinedigm Digital Networks. “Fantawild’s innovation and
dedication to quality is on par with the world’s top animation
companies, which makes its content acquired by the most renowned
channels and digital platforms globally. We look forward to
building amazing experiences with them that will bring joy to
families worldwide.”
“We are excited to partner with Cinedigm, one of the leading
streaming entertainment providers and a true innovator in the OTT
world. This partnership will be instrumental in our goals
delivering and presenting our content to American audiences.
Cinedigm is very experienced with savvy marketing and promotion
strategies, making us a perfect fit for delivering quality content
to kids and families in the United States,” said Daisy Shang,
President of Fantawild Animation.
The deal was negotiated on behalf of Cinedigm by Josh Thomashow
and Daniel Bort, with legal support from Allen Lo on behalf of
Fantawild Animation.
ABOUT FANTAWILD ANIMATION.
Fantawild Animation Inc. is the most influential animation
company in China specializing in the whole industrial chain from
creation and production to the global marketing with renowned
animation brands including Boonie Bears and Boonie Cubs. The
programs have been distributed to over 120 countries and
territories and aired on major media networks such as Netflix,
DirecTV, Hulu, Discovery Kids, Disney, TV Azteca, Nickelodeon and
Zee5. https://www.fantawild.com/en
ABOUT CINEDIGM
For more than twenty years, Cinedigm (NASDAQ: CIDM) has led the
digital transformation of the entertainment industry. Today,
Cinedigm entertains hundreds of millions of consumers around the
globe by providing premium content, streaming channels and
technology services to the world’s largest media, technology and
retail companies. For more information, visit
http://www.cinedigm.com/.
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version on businesswire.com: https://www.businesswire.com/news/home/20200806005175/en/
PRESS CONTACT FOR CIDM: Jill
Calcaterra 310-466-5135 jcalcaterra@cinedigm.com
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