France’s Moonscoop in Administration

Moonscoop SA, the Paris-based animation house behind such children’s series as Chloe’s Closet and Code Lyoko, enters administration. The U.S.-based Moonscoop LLC, formerly Mike Young Productions, remains a separate entity and is unaffected by the activities of its French counterpart.

Moonscoop SA, the Paris-based animation house behind such children’s series as Chloe’s Closet and Code Lyoko, has gone into administration, according to a report by Kidscreen.

The company, which remains separate from the U.S.-based Moonscoop LLC and its interests in children’s VOD network Kabillion, called in an administrator on June 20th.

In April, Moonscoop LLC made its content available in the US and Canada on video-on-demand platform hoopla via public library cards. And the company’s on-demand kids entertainment network Kabillion significantly boosted its YouTube reach this past spring.

“We want to state clearly and emphatically to ensure no misconstruing of information that the US based Moonscoop LLC and Kabillion are independent and stand-alone entities in our production and corporate operations, financing and rights ownership,” said Moonscoop LLC’s Mike Young & Liz Young, the company’s CEO and president, respectively. “Furthermore, while Moonscoop France has an equity interest in our companies, we are a completely separate group and are both operationally and financially sound.”

Moonscoop LLC, formerly Mike Young Productions, currently holds an 84 percent interest in Kabillion, the free VOD network that’s attracting roughly six million views per month. Recently, Kabillion partnered with Saban Brands to launch a Vortexx-branded on-demand channel.

Among the original projects in the pipeline for Moonscoop LLC is a second season of the animated preschool series Chloe’s Closet. Its new series production slate also includes Sabrina Secrets of a Teenage Witch and MGA Entertainment’s Lalaloopsy, which debuted in March on Nickelodeon.

Meanwhile, Moonscoop SA in France is currently undergoing a company reorganization in order to move forward with its business.

Tags 
randomness