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[08/06/19 - 09:01 AM]
Viacom to Acquire Garfield for Nickelodeon Portfolio
Following completion of the acquisition, Nickelodeon plans to develop a new Garfield animated television series.







GARFIELD (NICKELODEON)
DEVELOPMENT HISTORY:
8/6/19
STATUS:
previously in development (2020-2021 season)
DEVELOPMENT STAGE:
script
DESCRIPTION:
(from Nickelodeon's press release, August 2019) Viacom Inc. (NASDAQ: VIA, VIA.B), through one of its subsidiaries, has entered into a definitive agreement to acquire Paws, Inc., the entity holding global intellectual property rights to the Garfield and the U.S. Acres franchises--including corresponding rights related to content, consumer products, and location-based experiences. The acquisition is expected to close in the upcoming weeks. The acquisition of Garfield is part of Nickelodeon's strategy to be the home for the biggest franchises kids and families love, and it expands Nickelodeon's growing portfolio of influential properties that already includes SpongeBob SquarePants, PAW Patrol, Teenage Mutant Ninja Turtles, the forthcoming Blue's Clues & You!, the first-ever SpongeBob spinoff, Kamp Koral, and an all-new animated Star Trek series. Said Nickelodeon's President, Brian Robbins: "This acquisition marks another step in our evolution toward being kids' first stop for the best new content and characters, so we're incredibly happy to have Garfield join our growing roster of globally loved franchises and to introduce this cool cat to a new generation of fans." Following completion of the acquisition, Nickelodeon plans to develop a new Garfield animated television series. Global merchandising rights to Garfield will be managed by Viacom Nickelodeon Consumer Products (VNCP), including the property's existing portfolio of licensees. Garfield creator Jim Davis will continue to produce the Garfield syndicated comic strip.
CREW INFORMATION:
· Jim Davis as BOOK
GENRE(S):
· based on a comic book
· comedy (all)
· comedy (animated)
STUDIO INFORMATION:
· no information is available