Saban Brands Acquires DIGIMON Franchise
Digital Monsters Find New Owner...
Saban Brands has acquired the Digimon franchise, adding the long-running Japanese anime property to its growing portfolio of entertainment assets. The acquisition, which encompasses rights to the property outside of Asia, continues Saban Brandsí dramatic growth since reacquiring the Power Rangers property (see our story HERE) and purchasing lifestyle brand Paul Frank in 2010, amongst others. Saban Brands will work with MarVista Entertainment for distribution of the series outside of Asia. Japanese animation studio, Toei Animation Co., Ltd. will handle licensing and distribution of the property in Asia.
The Digimon franchise, which was first brought to the U.S. in 1999 by Sabanís Fox Family Worldwide, explores a digital world where powerful creatures known as Digimon, or digital monsters, battle for supremacy. With the help of their young human partners, the Digimon defend their world and ours from various evil forces.
Saban Brands will debut the newest season, Digimon Fusion, at MIPCOM, which will be held Oct. 8-11 in Cannes, France. MarVista Entertainment has been appointed to handle international distribution (outside of Asia) of the new season, as well as distribution for more than 250 half-hours episodes of Digimon content from the library.
Source: Edited Saban PR