The Canadian studio Rodeo FX has completed the acquisition of the feature film division of Mikros Animation, previously owned by Technicolor. The operation received legal validation from the Paris Commercial Court, with legal assistance provided by the renowned firm Lavery.
New Owners for the Animated Series Division
In a parallel move, OuiDO Production took control of the series production department, along with the associated intellectual property rights. This agreement, finalized on March 25th, was notable for requiring international coordination between the courts of Quebec and the Parisian judicial authorities.
The transaction represents an exceptional case of transatlantic judicial cooperation in the entertainment sector.
Labor Impact Across Different Continents
- North America: 207 specialized jobs were preserved in Montreal
- Europe: 80 positions were maintained at the French facilities
- Asia: The Bangalore headquarters began a definitive closure process
Consequences of the Closure in India
Workers at the Indian subsidiary received official communication about the termination of their contracts effective March 27th. Sources close to the process indicate that a detailed report will soon be published, including statements from the artists affected by this decision.
This restructuring marks a turning point in the distribution of assets within the international animation industry.