American film producer Robert Simonds’ next-generation media company STX Entertainment has announced a new agreement with premium streaming service Hulu for an animated franchise UGLYDOLLS. The deal involves a 26-episode series order of UGLYDOLLS. The series will be developed and produced as an animated kids-series and the agreement also includes the exclusive SVOD rights to the upcoming new animated feature film. Hulu will be streaming both the film and the series in the U.S. market while STX keeps the international rights with itself.
STXtv will be the studio and producer for the animated kids series which will be based on the UGLYDOLLS animated feature film. The film is expected to release in theatres in 2019 and is already in works at STXfilms. The UGLYDOLLS brand enjoys a cult follower-ship around the world. It was named as Toy of the Year in 2006 by the Toy Industry Association. The characters of UGLYDOLLS are unique for their ugliness and loved by everyone including children, teenagers and adults. UGLYDOLLS marks STXtv’s third scripted production project in the last five months.
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Know here about STX Entertainment:
STX Entertainment is a global media company which transforms beyond traditional platform-driven content to create talent-driven enterprises. The company is an industry leader and is founded by well-known entrepreneur Robert Simonds. It has been co-founded by managing partner of the reputed global private investment firm TPG – Bill McGlashan. The company’s main purpose is to unlock the potential of the direct connection stars have with their fans through the development, financing, production, marketing and distribution of films, television series, VR, digital video, music and live entertainment content. Some of the investors of the company include Hony Capital, a leading private equity firm in China; PCCW, Southeast Asia’s largest Internet and cable services provider; Tencent Holdings, China’s leading provider of online products and services; Liberty Global, the world’s largest distribution platform; Dominic Ng, Chairman of East West Bank; New Enterprise Associates (NEA); DNS Capital (representing the business interests of Gigi Pritzker and her immediate family); and Beau Wrigley, former Chairman and CEO of the Wm. Wrigley Jr. Company, among others.
With such strategic agreements, the company is distinguish-ably positioned to make the optimum use of content all over the world, with direct entry into the China market. You can read more about Bob Simonds’ ventures at http://www.stxentertainment.com.