Genius brands nabs funding to feed Llama Llama | Major Businesses | Business
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Entertainment company Genius Brands International has snagged new funding from Bank Leumi USA, to be used for production financing for the recently greenlit second season of Llama Llama, which will air on Netflix.

llama llama 2 oct 2018The $6 million Non-Recourse Production Finance Facility, which matures on 31 March, 2021 follows an initial facility secured in 2016 for season one of Llama Llama for $5.2 million from Bank Leumi.

“Our media and entertainment industries group is pleased to provide this credit facility to support the growth of Genius’ production activities,” said Bank Leumi global media head, Guillaume de Chalendar. “We look forward to continuing to provide the company with our sophisticated financing expertise and products for content production and distribution companies.”

Series two of the Netflix animated preschool series, Llama Llama, stars Jennifer Garner, who voices the lead role of Mama Llama.

In addition to the 16, 11-minute season two episodes, Genius Brands is also developing two 30-minute Llama Llama specials for the streaming giant.

Based on the bestselling children's book franchise by author and illustrator Anna Dewdney, the Llama Llama series is about first childhood experiences and adventures, as well as the special connections between the title character, Llama (Shayle Simons), his Mama, his grandparents and his friends. Season one debuted on Netflix worldwide in January 2018.

“Llama Llama Season 2 is the next chapter in Genius Brands unparalleled ‘content with a purpose’ roster based on positive values: no violence, no inappropriate language, enrichment and education in all stories,” said Andy Heyward, chairman and CEO, Genius Brands . “The production finance facility by a well-respected lender in the media and entertainment credit community provides significant financial flexibility to continue pursuing our corporate objectives and amplifying our marquee properties, Llama Llama and Rainbow Rangers.”

Genius and Bank Leumi are also discussing additional financing for the company’s other original preschool property, Rainbow Rangers, which is slated to premiere on 5 November on Nick Jr in the US.