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Red Animation Studios, Whose Credits Include ‘Angry Birds’ and ‘Crayola Crew,’ Launches New Studio in Tenerife to Boost Its European Presence (EXCLUSIVE)
Red Animation opens Tenerife studio, boosting European presence, co-producing with SERU, creating jobs and advancing original animated projects.
With studios already operating in Lima, Peru, the addition of Red Canarias gives Red Animation Studios a strategic base in the Canary Islands, a region fast becoming a magnet for film and animation production due to its robust infrastructure, experienced and bilingual talent pool and attractive fiscal incentives, including up to a 54% cash rebate on qualifying production spend. “Our team has delivered more than three thousand minutes of CGI and 2D animation for partners and platforms such as Rovio, Moonbug, Warner, Disney and SERU,” Red’s CEO and creative director, Milton Guerrero, tells Variety. Red Canarias is expected to generate 40 high-skilled jobs in its first year and develop training initiatives in partnership with local universities, reinforcing the island’s emergence as a major European hub for animation and visual effects.
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