Mondo TV Suisse S.A., member of Mondo TV Group, executed a new co-production agreement with Toon Goggles, Inc., a fast growing Californian company owner of an on-line portal dedicated to kids programs
Rome, Italy May 2015
Mondo TV Suisse S.A., a member of Mondo TV Group, and Toon Goggles, Inc., a fast growing Californian company owner of an on-line portal dedicated to kids programs, have reached an agreement for the co-production and distribution of the first season of a new animated TV series based on the property named “Eddie is a Yeti”. The property is owned and developed by Toon Goggles.
“We are very excited to enter into this new phase of growth for our platform, Mondo TV is the perfect partner for us as they have been a leader in the development and sales of content with merchandising appeal.” said Stephen L. Hodge, Managing Director of Toon Goggles. “This coupled with the engaging platform we have built over the past few years is sure to be a winning combination and we are looking forward to creating more entertaining and unique properties with Mondo TV in the near future.”
The series will be composed of 26 episodes about 3 minutes each, in 3D CGI, and is targeted to start been aired from spring 2016.
The Parties will share the revenues deriving from the distribution of the series and its related licensing and merchandising, upon variable percentages depending on market sectors and exploitation territories.
Guido Berté, Managing Director of the Mondo TV Suisse SA, stated: “We are enthusiastic of this agreement; Toon Goggles is a fast growing and well reputed company in the new media and we are keen to start our new collaboration with them on this wonderful property”.