Kids
Kids Media in talks with investors, plans Rs 1 bn investment
MUMBAI: Kids Media India (KMI), a wholly owned subsidiary of Dubai-based Spacetoon Media, is in talks with strategic and private equity investors to dilute part of its stake. |
KMI, which is in the process of launching a kids channel in India, has a fund requirement of Rs 1 billion over three years.
“We are in talks with investors to part-fund our expansion plans in India. We intend to invest Rs 1 billion over three years,” says Kids Media India MD & CEO Rajiv Sangari.
KMI has already received Rs 780 million from its parent company. Spacetoon Media Group is a $200 million capitalised company and plans to have a presence in kids TV and licensing and merchandising business in India.
“The channel is in test run and we are in talks with cable TV operators. We are looking at digital distribution platforms including DTH,” says Sangari.
KMI plans to invest Rs 250 million for distributing the channel in the Hindi-speaking markets.
Spacetoon Media runs Spacetoon TV, a kids entertainment cartoon channel, since March 2000. The channel transmits in more than 22 countries throughout the Middle East, North Africa, Indonesia and Korea.
KMI is an active player in the licensing and merchandising market in India. It recently entered into a pact with Marvel Entertainment International to represent its licensing, merchandising, publishing and promotional programmes in the country. Spiderman, X-Men, The Hulk, Iron Man, Ghost Rider and Captain America are some of Marvel‘s properties. Sports entertainment major WWE has also appointed KMI as a licensing partner in the country for its consumer products.
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.
