Moonbug Entertainment completed the acquisition of Little Angel.

Moonbug Entertainment, a producer of “Cocomelon,” the most popular kids’ show on Netflix, completed the acquisition of Little Angel, a network of kids-focused YouTube channels. Financial terms were not disclosed. “We are putting it into our machine. We’ll create more content, we’ll internationalize it and we’ll start distributing it on global platforms," Rene Rechtman, Moonbug CEO.