Part 6/10:
The sale of Moonbug is part of a larger pattern of consolidation across the animation and media sectors. For instance, a second major acquisition was noted in recent days: Frederator, the studio behind Adventure Time and Castlevania, was also sold to a larger Canadian animation firm for a modest $53 million. This indicates a trend where smaller, genre-focused studios are being absorbed to create larger entertainment conglomerates capable of competing in global markets.