Leading European CGI studio TeamTO announced distribution agreement with Taikong Works for all rights to its theatrical feature film Yellowbird in China. The maverick deal is the first to come from TeamTO’s Beijing office established in June 2016.
The agreement will see Taikong Works distribute Yellowbird throughout China across all platforms including cinemas, digital media and traditional broadcast; A theatrical release is planned for Chinese New Year (January 2017). Taikong Works – a strong brand and licensing entity in China – will also roll out ancillary rights and promotions alongside the film release.
“Our partnership with TeamTO represents our belief in the massive potential of the Chinese film market, and the opportunity for Chinese investment in the international film industry,” commented Kexin Liu, Co-founder of Taikong Works.
President of TeamTO, Guillaume Hellouin added, “The traditional relationship where international companies outsource to Chinese animation companies is quickly evolving into a more bilateral relationship, with co-production, co-finance, and co-distribution in a global market of high-quality projects flowing in both directions.”
TeamTO’s feature film Yellowbird, which features top Hollywood talent Seth Green, Elliott Gould, Christine Baranski and Dakota Fanning, was sold by Simon Crowe from SC Films International in over 50 markets, and was released theatrically in over 35 countries.
TeamTO is renowned for producing some of the most sophisticated CGI animation such as their own Emmy-winning series Angelo Rules, Activision Blizzard’s Skylanders Academy, eOne’s PJ Masks, Disney’s Elena of Avalor and Sofia the First, and Ubisoft’s Rabbids Invasion.