Partnership Establishes U.S. Foothold For Leading European Animation Producer/Distributor And Opens Door To Increased Worldwide Exposure for New Kids Entertainment Venue
LOS ANGELES, February 9, 2007 -- Taffy Entertainment announced today it has sold a 22.5% stake in Kabillion to Germany's EM.Entertainment. The strategic deal will provide significant resources, both financially and in programming, to the new multi-platform, kids program service, available both as a free online broadband site (www.Kabillion.com) and a free video on-demand (VOD) channel.
The new partnership will enable Kabillion to offer American viewers some of the finest children's programming from EM.Entertainment's library, including the action comedy series Staines Down Drains and the innovative series The World of Tosh. This venture also allows for the creation of new co-productions between EM.Entertainment, a subsidiary of EM.TV AG, and Taffy Entertainment, part of The MoonScoop Group.
Kabillion, which successfully launched in January 2007, offers high-quality animated and live-action kids' series entertainment on both the cable VOD and online platforms. The VOD platform is now available to digital cable subscribers nationwide on Comcast Cable systems with more to be added soon. Future plans also call for offering mobile, gaming and other wireless platforms.
"We believe ‘Kabillion' and its business model are the wave of the future," explains Susanne Schosser, Managing Director of EM.Entertainment GmbH. "Kids increasingly want to control their entertainment experience and Kabillion offers it just the way they like, with content that not only entertains but engages the audience so that they feel like they're part of a fun, new community."
"The new partnership with EM.Entertainment allows Kabillion to showcase some of the fantastic shows created for kids overseas," explained Bill Schultz, CEO of Kabillion. "The deal also enables us to take a broader, global outlook for the future of the network, as EM.TV has shown an incredible knack for building successful brands throughout Europe and the world."
About EM.Entertainment
EM.Entertainment GmbH is part of the Munich-based EM.TV Group and one of the leading producers and distributors of animated children's programming in Europe. The company is the center for all activities in EM.TV's core Entertainment business unit. These activities encompass the production of high quality programs for children and youth markets, worldwide management of TV rights and the marketing of home entertainment, video-on-demand, mobile and merchandising rights. Apart from the majors, the EM.TV Group possesses one of the world's largest rights libraries in the children's and youth market. With its own development entity and its Australia-based production studio Flying Bark Productions Pty Ltd., the company has a reputation for imaginative and state-of-the-art animation. Currently, EM.Entertainment is working on productions for pre-school children such as 3D edutainment program CROCO LOCO and 3D animated adventure series Zigby, as well as formats for older target groups like action-comedy production Staines Down Drains and action-adventure-comedy Master Raindrop.
About Taffy Entertainment
Taffy Entertainment (www.TaffyEntertainment.com) is a leading worldwide distribution, brand management and entertainment company representing brands from some of the largest animation producers across the globe. This includes the prolific Mike Young Productions; MoonScoop Productions, the top producer of animation in Europe; and select properties from third parties. Taffy's library for distribution and/or consumer products includes the Emmy Award-winning Jakers! The Adventures of Piggley Winks, ToddWorld, Pet Alien, Titeuf (TooTuff), Growing Up Creepie, Mix Master: King of Cards, Fantastic Four, Code Lyoko and Casper among many others. With offices in Paris, Los Angeles, London and Shanghai, the company has fully-integrated production, distribution, licensing, merchandising and marketing facilities. It also has a library that includes over 3,000 half hours of animation, encompassing some of the most recognizable worldwide brands and best-loved animated creations in the global television market. A subsidiary of France's MoonScoop Group, the company also distributes to leading broadcasters in 160 countries around the world.
Media Contact:
EM.TV AG (Germany)
Michael Röhrig, Communications: +49 (0) 89 99 500 459
Email: michael.roehrig@em.tv
Kabillion/Taffy Entertainment (USA)
Marc Grossmann, Director of Public Relations: +1 (818) 227-8966
Email: PR@Kabillion.com
Taffy Entertainment (UK)
Aimee Norman, Blueprint PR Ltd.: +44 (0) 20 7354 9813
Email: aimee@blueprintpr.co.uk