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Riva Studios Finalizes Purchase of French Animation Studio TeamTO

Variety
Story by Jamie Lang
from Variety
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Italian animation powerhouse Riva Studios rescues struggling French studio TeamTO from bankruptcy in blockbuster acquisition deal.
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  • Riva Studios executives Marco Balsamo, Jay Oliva, and Tara Sibel Demren spearheaded the acquisition, which will allow TeamTO to avoid declaring bankruptcy.
  • The deal positions Riva Studios as a major player in the European animation landscape, with access to TeamTO's extensive library of popular family-friendly content.
call sheet
Marco Balsamo, Jay Oliva, Tara Sibel Demren, Riva Studios, TeamTO
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