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Rainshine Entertainment Acquires Significant Stake in Kinsane Entertainment, a 'Digital-First' Kids' and Family Entertainment CompanyKinsane 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/ |
