Moonbug Entertainment completed the acquisition of One Animation.

Moonbug Entertainment, an operator of a kids digital entertainment company, completed the acquisition of One Animation, an operator of an animation studio and distribution company. Financial terms were not disclosed. “We continue on our strategy to find the best kids shows in the world and bring them into our portfolio. One Animation’s creative storytelling and international appeal provide us with stronger credentials as we continue on our journey to be the leading digital-first kids’ entertainment company in the world," Rene Rechtman, Moonbug Co-Founder and CEO.