Zinkia Entertainment Acquires Majority Stake in CAKE Entertainment

Tom van Waveren, CEO and Creative Director of CAKE, added, ‘We have known the people leading Zinkia for many years and have been great fans of all they have been doing with Pocoyo and their company. We have had time to conclude that our respective skills are very complimentary and we feel that we will be able to significantly contribute to each others success stories. The deal fulfils a key aspect of CAKE’s long-term strategy and we’re delighted it has come to fruition as planned.”

London-based CAKE, headed up by Tom van Waveren and Ed Galton, works closely with a portfolio of production companies from around the world helping them to develop, create, commercially position and manage their IP propositions for the international market. Properties handled by CAKE include: Oscar’s Oasis, Poppy Cat, Tom & the Slice of Bread with Strawberry Jam & Honey, Angelo Rules and The Sparticle Mystery.

Zinkia, which has a proven track record in creating and managing entertainment brands, has turned its multi-award winning property Pocoyo in to a global hit. Licensed to over 150 territories worldwide,  Pocoyo has more than 400 million hits on YouTube®, 35 million visitors to the officialPocoyo website (www.pocoyo.com) and a host of best-selling, multi-lingual apps. On the licensing and merchandising front, there are over 150 Pocoyo licensees worldwide, and master toy licensee Bandai has recently released an extensive toy line in the US, available at major retailers including Toys“R”Us, Toysrus.com and Amazon.com. Zinkia’s latest property is the comedy adventure series Mola Noguru, which is being pitched to major international broadcasters and licensing companies at MIP-TV.