Candle Media Shuts Down Good day Sunshine Youngsters’ Animation Division

Good day Sunshine (Little Fires In all places), the manufacturing firm devoted to placing “girls on the middle of each story” based by Reese Witherspoon, is closing down its children’ and animated content material division on account of proprietor Candle Media’s plans to consolidate these companies below its household leisure outfit Moonbug (CoComelon). Based on Deadline, the transfer will lead to “a couple of people” departing Good day Sunshine within the subsequent few weeks, whereas the corporate will collaborate with Moonbug on future initiatives.

Candle Media is backed by funding firm Blackstone; it acquired Good day Sunshine in August 2021 for $900 million and simply months later in November 2021 added Moonbug to its portfolio for $3 billion.

Good day Sunshine established its children’ and animation division in 2019, led by former Nickelodeon govt and Sesame Workshop producer Claire Curley. The studio’s mission was to “[shine] a light-weight on the place ladies are proper now and [help] them chart their path ahead” via content material aimed on the 3-5 and 6-9 age brackets.

After the Candle Media acquisition, Good day Sunshine introduced a partnership with Construct-A-Bear for a characteristic movie mission based mostly on the traditional fairytale Goldilocks and the Three Bears. In February final yr, Disney Branded Tv slated a co-production with Good day Sunshine, Tiny Trailblazers — a sequence aimed toward kids 2-7 themed on environmental conservation and wildlife preservation.

Since its personal acquisition by Candle Media, Moonbug has seen its hit preschool property CoComelon attain much more success. The present was one of many high three packages streaming on Netflix in 2022, with 37.8 billion minutes watched in keeping with Nielsen. On YouTube, CoComelon has greater than doubled its base since Nov. 2021, turning into the platform’s most-subscribed channel with 143 million subscribers. The property’s first spin-off channel, It’s Cody Time, launched in Might of 2022. Moonbug acquired the unique CoComelon channel in July2020.

[Source: Deadline]