The acquisition of Coolabi by Talenthouse was finalised. Coolabi serves a number of lucrative markets, including the US, China, and the UK. The Coolabi Group actively controls the intellectual property it generates and has developed over 2,000 book titles that have been licenced to publishers over 200 book series. For instance, Warrior Cats has received over half a billion views on YouTube and has been played 200 million times on Roblox by about 2 million people per month. In 2021, the business purchased a 33% initial stake in Coolabi; as of 2022, it holds 100% of the share capital. “We firmly think that the purchase will result in new routes to market and maximise our potential,” says Clare McKeeve, CEO of Talenthouse AG.
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