MGA Establishes MGA Studios with $500 Million in Cash and Assets; Acquires Pixel Zoo Animation
LOS ANGELES, Nov. 14 (Korea Bizwire) – MGA Entertainment, Inc. (MGA), one of the world’s largest and fastest growing privately held toy and entertainment companies, announced today the formation of MGA Studios, an independent subsidiary of MGA, backed with more than a half billion dollars in cash and assets. This move underscores MGA’s continued commitment to a [...]