TeamTO, one of Europe’s premier independent animation studios, enters a new chapter as Marco Balsamo takes over as President and CEO following its acquisition by RIVA Studios Productions SRL in December 2024. The 33-year-old Italian-American filmmaker and entrepreneur will now oversee TeamTO’s operations, balancing executive and creative responsibilities while positioning the studio for growth in a rapidly evolving animation industry. Co-founded by Balsamo and Tara Sibel Demren, the Italian … [Read more...] about Marco Balsamo to Head New TeamTO Structure as President and CEO
Jay Oliva
RIVA Studios Acquires TeamTO
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
