Cartoon Saloon boosted by deals with Apple and Netflix
Oscar-nominated Kilkenny animation company saw profits rise 39% in 2019
about 3 hours ago
The Oscar-nominated Wolfwalkers contributed to a 39 per cent rise in profits at Cartoon Saloon in 2019. Newly filed accounts for the Kilkenny-based animation studios show it made a profit of €452,163 in the year, as revenues also jumped 39 per cent from €6 million to €8.45 million.
The company is basking in the glow of its Oscar nomination for its hand-drawn film, Wolfwalkers, currently available on Apple+ TV.
The accounts show the Wolfwalkers work represented a sizeable bulk of revenues in 2019 with Cartoon Saloon Ltd receiving €3.6 million in revenues from connected company, Wolfwalkers Productions DAC, during the year.