‘My Little Pony’ Animation Producer Top Draw Animation Acquired by Grom Social

“After an extensive search, we identified TDA as ‘best in class’ for their international reputation for top quality animation, excellent management team and long track record of consistent and strong profitability,” said Sander Schwartz in a statement. “This acquisition brings Grom Social one step closer to becoming the preeminent online and digital destination for kids.”

TDA will continue providing animation services to third-party clients, while producing animation for Grom’s website and mobile apps.

TDA founder Wayne Dearing will continue to operate the studio, and he will additionally take on the role of executive vice president of global finance for Grom Social. Dearing is an industry veteran who joined Hanna-Barbera Australia as their finance controller in 1978. He was also the general manager of Hanna Barbera’s operations in the Philippines in the 1990s, and later worked at Philippine Animation Studios before launching his own company.

“The opportunity to join Grom Social and become a part of its growth was a compelling one,” said Dearing. “Transforming our company into a major player in digital media has been the focal point of our strategy to grow our business. By joining forces with Grom Social, we will achieve that goal and set the stage for strong growth within both the traditional television animation sector and new animated content for digital media.”