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The executive has a brief of better aligning the company’s operations in the Asian markets that it serves and to target new commercial opportunities as a result.

Due to the success of its children targeted productions, Cisneros Media decided las year to launch Mobius.Lab Kids to develop and produce animated and live action shows for the younger audience and all platform.

Companies to target production of 10 plus films per year, focusing on elevated content for multiple platforms, including potential theatrical distribution. This announcement was made at NATPE 2020.

During its investor day, the company unveiled ad plans for its new streaming service, along with the first batch of sponsors: State Farm, Target, Unilever, Eli Lilly and Apartments.com.

The transaction would accelerate the deleveraging of the Group towards its stated leverage target, and open the way to significant refinancing transactions in 2020.