Home deals Rovio sells TV animation studio to Kaiken Entertainment

Rovio sells TV animation studio to Kaiken Entertainment

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Gamesindustry.biz reports: ” Rovio has sold its TV animation studio to Kaiken Entertainment, along with its book publishing business and some unnamed ‘non-Angry Birds properties.’ In a statement published yesterday, the deal was described as ‘part of the ongoing reorganization of Rovio’s Animation Division,’ which released The Angry Birds Movie in May last year. According to Box Office Mojo, the company’s first animated feature-film made $350 million at the global box office, on a production budget of $73 million.”

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