As well as Paddington Bear intellectual property rights, the company has also acquired The Copyrights Group, merchandise licensing agent for Paddington Bear.
With these acquisitions, Studio Canal takes full ownership of the Paddington brand worldwide, including such activities as live entertainment, video games and theme parks.
Karen Jankel, owner and managing director of Paddington and Company Limited, commented: “Paddington has been a very important part of my life since the publication of my father’s first book, A Bear Called Paddington, exactly two months after I was born. I joined Paddington and Company 35 years ago and took on the role of MD a short while later. When Paddington made his big screen debut at the end of 2014, his popularity grew to a whole new level, and it was at this point that I realised the time had come to think about the future of the business”.
Karen will be retaining a consultancy role on the future creative development of the brand in association with the team at The Copyrights Group.
Didier Lupfer, CEO of Studio Canal, added: “We’re particularly proud and happy that Michael Bond, Karen Jankel and their family have chosen to trust us with Paddington Bear, who will be welcomed at Studio Canal as one of our family.”