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RIVA Studios acquires iconic French Studio TeamTO

Following a highly-competitive bidding process, Italian-based RIVA Studio has emerged victorious in acquiring TeamTO, saving the beloved French animation studio from bankruptcy.

Editorial Team by Editorial Team
6 December 2024
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RIVA Studios acquires iconic French Studio TeamTO
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With a dynamic new executive team led by Marco Balsamo, Jay Oliva, and Tara Sibel Demren, RIVA’s ambitious and visionary plan will take TeamTO toward a brighter future as the studio approaches their 20th anniversary in 2025.

The acquisition was officially approved by the Tribunal de Commerce de Paris (Commercial Court of Paris) on December, 5th.

Marco Balsamo stated:

TeamTO set a world-class standard for animation and this is a pivotal moment for the studio. Under this new direction, we’re not just continuing the studio’s legacy—we’re building a stronger, more ambitious company that’s ready to elevate that standard and redefine what’s possible. With our team’s vast experience, passion, and bold vision for the future, we’re ready to break new ground and shape the future of the industry that we all love.

Under this new leadership team, TeamTO will continue delivering acclaimed content, including Sony Pictures Television Kids’ The Creature Cases as well as original hits Jade Armor and Angelo Rules. Additionally, they will focus on developing new original franchises, including: Junichiro Jackson, Akira’s Flying Wheelchair, Yellow Cello, Cradle: Unsouled, Era: The Legend of Lugh, and Corvus Belli’s Infinity: Paradise Lost.

Jay Oliva added:

Opportunities like this are rare and I couldn’t be more excited to help lead TeamTO into a new era. In today’s evolving animation landscape, this is a golden opportunity to expand the studio into uncharted territories that will push creative boundaries through innovative visual styles and immersive stories that will inspire audiences around the world. I can’t wait for everyone to see what’s next!

The studio will continue operating from Valence and Paris, retaining majority of its staff to ensure a seamless transition on all current and upcoming series and films. TeamTO founders Guillaume Hellouin and Corinne Kouper will continue as executive advisors while also serving as executive producers on current and upcoming projects. They will work closely with the new leadership team to ensure seamless collaboration on all productions.

Guillaume Hellouin said:

We couldn’t be happier as we know this leadership team will honour our two decades of creative excellence with a visionary plan that will ensure TeamTO’s success for another twenty years and beyond.

Tags: RIVA StudiosTeamTO
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