France’s TeamTO Sold At Auction; Acast Acquires Wonder Media Network; EBU Board Elected — Global Briefs ...Middle East

Riva Studios Buys Troubled French Studio TeamTO Italy’s Riva Studios has won a “highly-competitive” auction for TeamTO, saving the iconic French animation studio from bankruptcy. The price was €2.6M ($2.7M) court filings have shown. The acquisition was approved by the Tribunal de Commerce de Paris today, with Riva’s executive team Marco Balsamo, Jay Oliva, and […]

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