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Paris-based Technicolor Animation Productions is joining forces with France’s top commercial channel TF1 to co-produce “Monchhichi,” a CGI animated series based on the iconic Japanese toy monkey.

Monchhichi was first launched by Japan’s Sekiguchi Corporation in 1974 and over 70 million dolls have been sold in over 40 countries to date along with other accessories.

“It’s very exciting to be able to move forward with the production of Monchhichi following our development of the series with TF1,” commented Nguyen, co-managing of Technicolor Animation Productions, the division formed after the acquisition of Ouido! Prods.. “Monchhichi will be produced for the first time in CG, inviting viewers to follow the Monchhichi on their magical adventures–creating pleasant dreams, while recognizing the positivity of individual differences and the value of teamwork.”

“Monchhichi is an iconic character who has been winning over fans for three generations, uniting a broad audience ranging from young boys and girls to adults with inspirational stories mixing emotions, positive values and adventures,” added Labasque.

Technicolor Animation Prods. will handle the series’ artistic direction and production with Sekiguchi.

PGS Entertainment reps international sales.