Archive · 10 Jun 2025
TeamTO Unveils New Shows and Strategy After Financial Troubles
Once facing bankruptcy, French animation studio TeamTO has been bought by new owners.
The new CEO revealed six new shows and a focus on adult animation at Annecy.
The studio had financial troubles that led to their previous problems.
Now they are trying to rebuild and have new tech.
They plan to work on their own projects and also help other companies with production.
The new leadership wants the animation industry to work together during tough times.
TeamTO, a French animation studio, was acquired by Riva Studios.
The new CEO, Marco Balsamo, announced six new shows, including adult animation.
The studio aims for a 50/50 split between original IP and production services.
TeamTO's financial troubles stemmed from poor decisions and the 2023 U.S. labor strikes.
New technology, including a real-time animation platform, is being introduced.
- Who
- TeamTO, Riva Studios, and CEO Marco Balsamo
- What
- TeamTO's reinvention and expansion plans after being on the brink of bankruptcy
- When
- Announced at Annecy, after being acquired in late 2024
- Where
- Annecy International Animation Film Festival in France
- Why
- Poor decisions and U.S. labor strikes led to financial problems for the previous owners.
TeamTO's Strategy
Industry Challenges
Industry Collaboration
TeamTO's Strategy
Balsamo wants studios, executives, and broadcasters to support stories.
Industry Challenges
The industry faces difficulties from layoffs, AI and budget constraints.
- New Owner
- Riva Studios
- Purchase Price
- €2.6M ($3M)
- New CEO
- Marco Balsamo
- New Shows Announced
- 6
- TeamTO Staff Retained
- Approx. 90%