JAKKS Pacific (JAKK) Announces Launch of Studio JP Business Unit
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JAKKS Pacific Launches Studio JP Content Development Division in Joint Venture with China-Based Meisheng’s Rising Anime Studio
October 11, 2016 6:01 AM EDTSANTA MONICA, Calif.--(BUSINESS WIRE)-- Leading U.S. toy and consumer products manufacturer JAKKS Pacific, Inc. (NASDAQ: JAKK) today announced the launch of a newly formed business unit, Studio JP, a division dedicated to creating and developing original, multiplatform computer-generated animated content, in a joint venture with Chinas Meisheng Cultural & Creative Corp.s animation studio Rising Anime. Studio JP will drive the creative storytelling process with JAKKS and Meisheng jointly owning the content. JAKKS will have merchandising rights for kids consumer products in all markets except China, which Meisheng will spearhead through the companies... More