The deal is the first for Moonbug since selling itself to Kevin Mayer and Tom Staggs' Candle Media.
, is expanding its footprint. The company is acquiring Little Angel, a YouTube network with more than 88 million subscribers, the company said Wednesday.and Blippi, in the company’s portfolio. Both have strong YouTube presences, and have also expanded to paid streaming services. Like Cocomelon, Little Angel uses 3d animation and original songs to entertain children, with education experts making sure the content is age-appropriate and contributes to development.
Moonbug plans to take a similar approach to Little Angel by “investing in content, expanding distribution to its global network, and creating more ways for audiences to engage with the brand,” the company says. Terms of the deal were not disclosed.
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