BERLIN — In the second instance of German stock coin buying into the studio business, the Cologne-based kidvidder BKN has acquired French production studios Arles Animation.
BKNI’s CEO Nadia Nardonnet is assuming overall responsibility for the renamed BKN Studios, with former Arles’ CEO Daniel Schwall tapped head of production and executive VP of BKNI.
“This purchase brings us a lot closer to our goal of having a stronger presence in Europe,” Nardonnet said.
Studio is seen as a complement to BKNI’s core animation business and compatible in that both studios are quick to turn around projects.
Specializing in animation, Arles will be put to work on BKNI’s next productions: the 72-minute TV film “Kong, King of Atlantis” and the animation series “Keystone Kops.”
BKNI went public earlier this year and is in the process of setting up offices in London and a production studio in Cologne to add to its Paris dependency. Company is the international arm of the U.S.-based BKN.