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This proposed sale follows TeamTO’s announcement of insolvency in September, attributed to unforeseen market challenges in the animation industry over the past two years. TeamTO is currently co-developing and co-producing Junichiro Jackson, an adult animated series, with RIVA Studios and Lex and Otis Studios with Balsamo and Oliva as showrunners.

K7 Media's "Tracking the Scripted Giants" revealed “Dr Foster,” “High Intellectual Potential” and “Call My Agent!” as latest global frontrunners in scripted formats.

On one hand, it has ordered a pilot for "DMV" from Dana Klein. On the other, it has set up a development room for a vampire comedy from the "Ghosts" showrunners.

The title is written by John Preston and executively produced by Clearwood Films’ Ellie Wood.

The new initiative, supported by European content house Beta Group, aims to support creatives through the process of developing new scripted series with the help of veteran directors, show runners, writers, and producers.