April 14, 2023
– a European producer and distributor of animated content – through a binding letter of intent for the integration of Mondo TV Studios into Squirrel Media.
Squirrel Media works globally across four main business areas: advertising, communication media, content (creation and distribution of all types of audiovisual content) and technology (TMT services).
Under the terms of the agreement,
would become part of a Spanish group in technology within the media sector. The company would join Squirrel Media’s content business segment, creating a new animation vertical to produce and distribute new IPs and at the same time offer animation services as a recurring activity engine, along with the distribution of animated content. It would also develop and build on synergies with the other business units that make up the Squirrel Media Group.
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