Following a highly-competitive bidding process, Italian-based RIVA Studios has emerged victorious in acquiring TeamTO, saving the beloved French animation studio from bankruptcy. With a dynamic new executive team led by Marco Balsamo, Jay Oliva, and Tara Sibel Demren, RIVA’s ambitious and visionary plan will take TeamTO toward a brighter future as the studio approaches their 20th anniversary in 2025. The acquisition was officially approved by the Tribunal de Commerce de Paris (Commercial Court … [Read more...] about RIVA Studios Acquires TeamTO