HIT Entertainment, one of the world's leading providers of high-quality children's entertainment, and Arc Productions™, the renowned visual effects and animation studio, announced today that Arc has been appointed the new animation studio for the popular CG-animated television program, Thomas & Friends®.
Nickelodeon unveils Mike the Knight™, a brand new CG-animated preschool series that invites viewers into a fantastical world of castles, missions, dragons and trolls, on Friday, Feb. 3, at 10:30 a.m. ET/PT). The half-hour, adventure series teaches kids about friendship, loyalty, and determination as they join Mike, a young knight-in-training, on his missions to protect his kingdom, serve his Queen and become a full-fledged knight. The series (26 episodes) will regularly air weekdays at 12:00 p.m. (ET/PT) on Nickelodeon.
Mattel, Inc. (NASDAQ:MAT) announced today that it completed the acquisition of HIT Entertainment from a consortium of funds led by Apax Partners for $680 million in cash.
HIT Entertainment, one of the world's leading independent children's entertainment producers and rights-owners, today announced that the company's President & CEO, Jeffrey Dunn, and Chief Operating Officer, Sangeeta Desai, will be leaving the company after the closing of HIT's acquisition by Mattel.