Under the deal, which is estimated in the €100 million ($117.4 million) range, Mediawan would inject €15 million in equity capital into On Kids & Family, France’s No. 1 producer of animated series and one of Europe’s leading producers of big-budget independent animated features.
The indie banner has a track record in producing franchise-based films and series, notably Mark Osborne’s “The Little Prince,” the Cesar- and BAFTA-winning feature which was released in more than 120 countries and grossed $120 million worldwide, becoming the highest-grossing French-made animated film overseas. On Kids & Family’s “Playmobil” movie, budgeted at $80 million, is being directed by Lino Di Salvo (“Frozen,” “Raiponce”) and will be released in April 2019.
Mediawan would own 51% to 54% of On Kids & Family. Soumache, who is