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North American online video platform, Shout! Factory has acquired rights to new animated feature “Kikoriki: Legend of The Golden Dragon” and its predecessor 2011 animated feature “Kikoriki: Team Invincible.” Both pictures are produced by Russia’s Riki Group and directed by Dennis Chernov.

For the new film Shout! Factory has theatrical, video-on-demand, digital, broadcast and home entertainment rights and plans releases on major entertainment distribution platforms and in packaged media through 2017.

The story follows the furry friends of Kikoriki Island on an adventure where a scientist invents a device that can transfer one personality into the body of another. Problems occur when one accidentally swaps bodies with a caterpillar.

The deal was signed with Australia-based sales agency Odin’s Eye Entertainment.

“(The films) are two highly entertaining comedies with truly nutty characters, clever storytelling, gentle satire and rich animation. The sharp, action-packed scripts were adapted by Hollywood animation veterans, and their comic sensibility is right on target for North American audiences,” said Jordan Fields, VP of acquisitions at Shout! Factory.

Riki is in production on a third film in the franchise and expects to complete it in 2017.