[February 11, 2019] |
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Rainshine Entertainment Acquires Significant Stake in Kinsane Entertainment, a 'Digital-First' Kids' and Family Entertainment Company
Kinsane Entertainment Inc., a global digital entertainment company
focused on 2 to 15-year-olds and families, co-founded by Kurt
Inderbitzin, Indrani Pillai and Saahil Bhargava, today announced that
Rainshine Entertainment has acquired a significant stake in the company.
Established in early 2018, Kinsane Entertainment has a 360-degree
approach to developing its children and family-focused universes, that
includes building the franchises through a mix of videos and games.
Since its inception, the company has launched two popular universes that
include 'KinToons', a pre-school focused universe that has over
50 million views and 150,000 subscribers of its videos across VOD
platforms such as YouTube (News - Alert) and ROKU with over 1 million downloads of its
games across app stores. The company's kids' and family-focused
universe, 'Otto in the Middle', launched first in the form of games and
has 1.2 million downloads across the app stores. 'Otto in the Middle',
the animated show, was recently showcased at the Asia TV Forum 2018
Singapore as part of the 'Fresh content from India' panel. Kinsane
further plans to launch two brand new family focused animated shows: 'Joan
Alone' and 'Eru and the Ghost Kingdom' along with a wide
variety of delightful and cutting-edge games built around each of these
universes.
Speaking on the acquisition, Kurt Inderbitzin, Co-Founder and CEO,
Kinsane Entertainment Inc., said, "Rainshine Entertainment's
acquisition of Kinsane is a testament to the kids and family-focused
content brands that we have created through engaging videos and games.
This partnership will enable us to expand our offerings, thereby taking
our brands to newer markets and producing additional compelling new
formats in the near future."
Commenting on the deal, Neeraj Bhargava, Chairman and CEO, Rainshine
Entertainment, said, "Kinsane is a young company with an
exceptionally talented team and incredible accomplishments of building
significant properties like KinToons on YouTube along with globally
popular games based on some very well-etched and lovable characters. We
are very excited about working with their team, helping them grow their
existing character brands while producing new, alluring content that
captures the imagination of kids and families globally."
Kinsane's team comprises of renowned creators and experienced leaders
from the global media and entertainment industry. With the recent
investment from Rainshine Entertainment, the company aims to be one of
the leading players in the global family entertainment industry.
About Kinsane Entertainment
Kinsane Entertainment, Inc. is a global digital entertainment company
focused on 2 to 15-year-olds and families. The company creates and
distributes engaging videos and games with captivating universes and
characters that become iconic brands. Kinsane's goal is to take these
brands, established in the digital space, and propagate them further
through non-digital channels such as film, television, concerts and
merchandising. Kinsane Entertainment has teams located in Mumbai, Los
Angeles and New York. For further details please visit www.kinsane.com
About Rainshine Entertainment
Established in late 2018 in India, Rainshine Entertainment is a
next-generation media and entertainment company. Rainshine houses a
highly talented and diverse range of content creators offering a wide
variety of content across genres, formats and languages. The company has
its creative and management teams located in Mumbai, Los Angeles, New
York, Chennai and Hyderabad. For further details please visit www.rainshine.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190211005408/en/
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