Following a lengthy partnership in promoting ZAG Entertainment properties throughout Europe, Planta Junior has taken an ownership stake in the studio behind Miraculous — Tales of Ladybug and Cat Noir.
As part of the deal, Planeta Junior will join ZAG’s management board as the companies prep to execute a European strategic plan to cover projects for TV and film, in addition to strengthening licensing and merchandising programs.
“Planeta has always believed in ZAG and has given us the strength to push beyond our limits, and we are thrilled to have them on board. In this next new chapter to continue the journey to build the ZAG dream,” says Jeremy Zag, founder and CEO, ZAG Entertainment.
In February, Playmates Toys and ZAG’s new toy division, ZAG Lab, previewed a new line of Miraculous action figures, dolls, playsets, and roleplay items that will launch in key territories around the world this fall followed by a fall 2021 launch in the U.S. A $70 million-budgeted Miraculous animated feature co-produced by ZAG, ON Kids and Family, and Planeta Junior will arrive in theaters by 2022.