TeamTO has announced a potential acquisition by Italian-based RIVA Studios, subject to approval from the Tribunal de Commerce de Paris (Commercial Court of Paris) on October 30. This proposed sale follows TeamTO’s announcement of insolvency in September, attributed to unforeseen market challenges in the animation industry over the past two years. TeamTO first initiated discussions with RIVA Studios co-founders Marco Balsamo and Tara Demren five months ago, exploring collaborative opportunities … [Read more...] about Marco Balsamo of RIVA Studios Makes a Bid for Iconic French Studio TeamTO