Kilkenny based Cartoon Saloon profits soar ahead of arrival on Netflix
Cartoon Saloon Ltd had a net profit of €1.18m for 2020, up from €452,161 in 2019.
The business continued to grow and hire more staff. The studio has a crew of over 200 artists and technicians in production and project development.
The value of services provided by Cartoon Saloon Ltd to connected firms totalled €9.2m last year. The majority of the work, €5.82m, relates to Cartoon Saloon’s work on for Netflix.
The studio landed its fifth Oscar nomination this year for its hand-drawn film, , which is currently available on Apple+ TV. It got a further boost last month when WarnerMedia Kids & Family greenlit for its new preschool schedules on HBO Max and Cartoon Network.
“ continued to release around the world this year and will be part of a trilogy collector’s blu-ray box-set together with and , with lots of extras on sale next week and the film is a nominee at the European Film Awards being held on Saturday evening in Berlin,” Managing Director Gerry Shirren said.
Cartoon Saloon previously received Oscar nominations for , , , and .
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