TV-Loonland AG steps into Asia.(Brief Article)
Asia Image, February, 2001 by Kim, Hordon
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TV-Loonland AG, a German media group with 330 animation and TV episodes and some 1,200 licensed animation and TV episodes, has stepped into Asia by investing US$11.5 million into Saerom Entertainment.
According to CEO, Peter Vlkle, Saerom and TV-Loonland will cooperate in selecting and distributing animation/cinema pieces to Asian countries. They have marked Japan and Hong Kong as main target markets. "This is a milestone in promoting our Asian business, based in Korea," said Vlkle.
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TV-Loonland will reportedly hold more than 50 per cent of Saerom's stock with its ...
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