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Mediawan’s Montreal ‘Miraculous’ & ‘The Little Prince’ Production Studio ON Animation Closes As Tax Credit Squeeze Bites
‘Miraculous’ & ‘The Little Prince’ Montreal Production Studio ON Animation Announces Closure
ON Animation Studios, the Mediawan-owned, Montreal-based facility which worked on hits such as Mune: Guardian of the Moon, The Little Prince, Playmobil: The Movie, and Miraculous: Tales of Ladybug & Cat Noir, is shutting down. Both the animation and VFX sectors in Canada ‘s province of Quebec have gone from boom to bust in recent months following the provincial government’s decision to set a 65% cap on tax credits for international film studios when they employ companies operating in the mainly French-speaking region. Miraculous Corp is a joint venture between producer and composer Jérémy Zag, the driving force behind the Ladybug & Cat Noir franchise, and Mediawan co-founder Pierre-Antoine Capton.
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