Venerable French film company Gaumont has bought top animation producer Alphanim, with details of the deal expected to be announced next week, reports C21 MEDIA.
Alphanim founder and CEO Christian Davin said that the partnership would allow his company "to establish synergies with Gaumont, for instance, in the theatrical business, in producing more animated feature films" and to expand into producing multi-platform content, as well as enhancing its licensing and distribution activities.
The acquisition marks the beginning of Gaumont's return to TV production after an eight-year hiatus.
