Major 2D Animation Project in Montréal - Oasis Animation Launches a Major Expansion Program and Announces New Agreements with Leading Broadcasters

Highlights

• Creation of 100 jobs.
• 2 new television series contracts:
• Kulipari (Season 2) produced by Splash Entertainment
• Arthur (Seasons 22 to 25) produced by PBS/WGBH
• A new training campus for employees.
• An expansion plan of $3.33 million in investments, including two repayable financial contributions: $577,500 from the Québec Ministry of Economy, Science and Innovation (MESI), and $425,000 from Canada Economic Development (CED), as well as financial support of $216,724 from the ministère du Travail, de l'Emploi et de la Solidarité sociale (MTESS) to train 125 employees, including 100 new animators.
• The MESI is also providing $38,412 through the Programme Exportation (PEX) to support the company's export project.
• The investment also includes a financial contribution of $2,072,364 from Oasis Animation.

MONTRÉAL, June 4, 2018 /CNW Telbec/ - Oasis Animation, Canada's leading 2D animation studio, is proud to announce a $3,330,000 investment in a major expansion program to increase its production capacity. The studio plans to increase and modernize its production infrastructure and create 100 jobs.

 "Over the past few years, the increasing quality of our productions has been recognized on the international marketplace and helped to showcase the talent of our artists abroad," said Jacques Bilodeau, Founding President of Oasis Animation. "The signing of new production contracts for animation series is requiring us to more than double our production capacity and to hire 100 2D animators. By the end of 2019, Oasis Animation will have doubled its workforce to nearly 200 people."

Training Campus
This increased demand will require Oasis to recruit and train new talent. To meet the recruitment challenges, the company has created its own training campus for 2D animation artists in its Montréal studio. Oasis has received $216,724 in financial assistance from the ministère du Travail, de l'Emploi et de la Solidarité sociale (MTESS) to train 125 employees, including 100 new animators.

Production increase
"Although many of our productions, such as Two Nuts and a Richard (Teletoon at Night) and Ben's City (Société Radio-Canada/CBC), have made their mark in Québec, more than 50% of our revenues come from outside Canada, mainly from the United States. In 2018 and 2019, more than 80% of our revenues will come from the export of digital animation services."

To support its growth, Oasis Animation will be able to count on two repayable financial contributions: $577,500 the Québec Ministry of Economy, Science and Innovation (MESI), and $425,000 from Canada Economic Development (CED). The investment also includes a financial contribution of $2,072,364 from Oasis Animation.

About Oasis Animation
Founded in 2003, Oasis Animation is the largest 2D animation studio in Québec and one of the largest in Canada. Specializing in the production of high-quality, original animation content, the studio also offers a full range of 2D digital production services to the global animation industry. Based in Montréal, Oasis Animation employs more than 90 people.

SOURCE Oasis Animation

Marie-Hélène Blouin, [email protected], 514 849-4554