Bento Box Entertainment produces shows for Netflix, YouTube and Fox Broadcasting.
After slimming down dramatically following Disney's $71.3 billion acquisition of most of its empire, Fox Corp. is bulking back up again.
The Lachlan Murdoch-led Fox has snapped up Bento Box Entertainment, an animation company that produces Bob's Burgers (on Fox) as well as series like Glove & Boots (on YouTube) and Paradise PD (for Netflix). Bento is also producing two upcoming series, The Great North and Duncanville, that will air on Fox. Terms of the deal weren't disclosed.
"You can’t walk around the Fox lot without noticing a decades-long passion for animation. It is in the Fox DNA and has served legions of fans, partners and investors,” said Fox Entertainment CEO Charlie Collier. "As we grow Fox for the next generation, it only makes sense we would expand our animation capabilities by bringing on board the best in the business: Bento Box."
Bento Box was founded in 2009 by Scott Greenberg (CEO) and Joel Kuwahara (president of production), both of whom will keep leading as it becomes a standalone division of Fox Entertainment. The company has studios in Los Angeles and Atlanta.
"Ten years ago, we launched Bento Box to create a home for the best talent in the business. Today, we’re the world’s leading studio for primetime animation, and this acquisition will provide us with the unique opportunity to build, to grow and to better service our current partners," said Greenberg and Kuwahara in a joint statement.
Greenberg and Kuwahara added, "While we’ve always had a special relationship with Fox, we’re so excited to officially be part of the family. We’re looking forward to working closely with Charlie, Michael Thorn and their team to develop and produce amazing content together."
The acquisition arrives only days after Fox shelled out $265 million to buy a majority stake in digital consumer finance marketplace Credible Labs.
More to come.