Elsa Keslassy International Correspondent Mediawan-owned ON Animation Studios, the Montreal-based banner whose credits include “Ladybug & Cat Noir: The Movie,” “The Little Prince” and “Playmobil the Movie,” has shut down, Variety has confirmed.
ON Animation Studios, which was launched by French producers Aton Soumache (“Little Nicholas”) and Dimitri Rassam (“The Count of Monte Cristo”) in 2012, was acquired by Mediawan five years later.
The company quickly became a key animation studio in Montreal and attracted talented animators from overseas, boosted by a pipeline of projects based on famed IP’s such as the blockbuster “Ladybug & Cat Noir: The Movie” which ranks as one of the most-watched French animated films worldwide; and “The Little Prince,” which played at the Cannes Film Festival and won a Cesar Award, as well as nod from the British Academy Children’s Awards.
ON Animation Studios was also one of the several companies that was able to tap into Quebec’s attractive tax rebate which turned the region into a hotbed for animation and drew Hollywood and European productions.
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