Kids
Disney’s Buena Vista Games to acquire Climax Racing
MUMBAI: Buena Vista Games, Inc. (BVG), the interactive entertainment affiliate of The Walt Disney Company has announced the acquisition of video games company Climax Racing.
The addition of Climax Racing allows BVG to create triple-A racing titles that meet the highest standards for creativity and quality. Terms of the deal are not being disclosed. The deal is expected to close in early October, informs an official release.
Buena Vista Games senior vice president and general manager Graham Hopper said, “The acquisition of Climax Racing aligns perfectly with our strategic and geographic goals by allowing us to both reach into new genres and new markets for creative talent. Adding Climax Racing to our creative family will provide an additional catalyst for our continued growth in the video games market.”
UK based Climax Racing is a known developer of racing games, including its critically-acclaimed work on such franchises as MotoGP and ATV Offroad Fury. The studio and its products have won or been nominated for awards, including winning four IGN Best of Show awards at E3 2006.
“As a premier, award-winning studio that has created some of the best racing titles of all time, Climax Racing is an ideal component of BVG’s expanding portfolio of development talent,” said Climax founder and chief executive officer Karl Jeffery.
The studio is of both strategic and geographic importance to BVG as it becomes the third internal studio, and the first in Europe, that BVG has added to its development capacity. BVG currently operates development studios in Vancouver, British Columbia (Propaganda Games), and Salt Lake City, Utah (Avalanche Software), adds the release.
Tony Beckwith, co-founder of the studio, has been named vice president and general manager of Climax Racing as it continues its creative direction under BVG.
“The Walt Disney Company holds one of the largest and most exciting portfolios of intellectual property in the world, and through BVG, we look forward to having access to the company’s deep resources in the video games space to continue creating remarkable interactive entertainment,” said Beckwith. “This promises to be a mutually beneficial relationship and we believe that together we will make outstanding games for the next generation and beyond.”
Kids
Mukta Arts and Green Gold ink MOU to animate iconic film IPs
Kalicharan, Karz, Hero, Karma, Ram Lakhan to spawn animated shows plus features.
MUMBAI: When classic hindi movie meets animation, the result is a fresh reel of nostalgia with a cartoon twist. Mukta Arts Ltd. and Green Gold Animation have signed a Memorandum of Understanding (MOU) to collaborate on animated shows and feature films drawn from Mukta Arts’ four-decade treasure trove of iconic IPs. The partnership taps Mukta’s SGM Animation Studio launched in 2025 as its dedicated animation and games arm and Green Gold’s proven track record in building scalable, homegrown franchises. Creative teams from both sides have already kicked off discussions, with the first project currently in development.
The slate will draw inspiration from landmark Mukta films including Kalicharan, Karz, Hero, Karma, Ram Lakhan, Khalnayak, Saudagar and Iqbal, plus character-led spin-offs from those universes. The aim is to reimagine these stories for today’s young, global audiences while preserving their emotional core.
Green Gold Animation (home of Chhota Bheem) founder and CEO Rajiv Chilaka said, “This partnership with SGM Studios allows us to apply our experience in building long-lasting animation IPs to a truly iconic film catalogue. Together, we aim to create animated worlds that are rooted in these legendary stories, yet designed to connect with today’s young, global audiences.”
Mukta Arts Ltd. filmmaker and founder Subhash Ghai added, “Mukta Arts has always believed in creating stories with lasting emotional value. Through animation, we are extending our IP into a new medium for the next generation.”
In an industry where timeless tales never go out of fashion, this collaboration promises to bring beloved characters back to life with a modern, animated glow proving that some stories are too good to stay in live-action. Stay tuned for the first animated frame to drop.
