Who owns Cocomelon? Did CoComelon get sold to Moonbug?

Who owns Cocomelon? A Youtube channel aimed at preschool-aged viewers has built its streaming empire on catchy nursery rhymes and colorful animations, as it now aims to launch beyond the screen into merchandise and other products.

CoComelon started out as a hobby for one Orange County, California couple fifteen years ago after they decided to make short animated videos as a way to entertain their sons.

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Who owns Cocomelon?

Cocomelon is owned by Candle Media, an American media company led by Kevin Mayer and Tom Staggs. Candle Media acquired Moonbug Entertainment, the parent company of Cocomelon, in 2022. Moonbug Entertainment was previously owned by the British company WildBrain.

Cocomelon was created by Jay Jeon, a filmmaker and storyteller, and his wife, a children’s book illustrator. They started the channel in 2006 as Treasure Studio, Inc., and it quickly became one of the most popular children’s channels on YouTube. In 2020, Moonbug Entertainment acquired Cocomelon for an undisclosed amount.

Cocomelon is now one of the most popular children’s brands in the world, with over 130 million subscribers on YouTube and over 100 billion views. The channel’s videos are available in over 30 languages and have been watched in over 250 countries.

How much is Cocomelon worth?

Cocomelon is worth an estimated $790 million USD. This figure is based on the channel’s estimated annual revenue of $12 million from YouTube ad revenue alone, as well as its other revenue streams, such as merchandise sales and licensing deals.

The channel’s founder, Jay Jeon, is estimated to have a net worth of $460 million USD. Jeon and his wife started Cocomelon in 2006 as Treasure Studio, Inc., and it quickly became one of the most popular children’s channels on YouTube. In 2020, Moonbug Entertainment acquired Cocomelon for an undisclosed amount.

It is likely that Cocomelon’s value will continue to grow in the coming years, as the demand for children’s content continues to increase. The channel is already expanding into new markets, such as China, and it is likely to continue to grow its reach in the years to come.

Did CoComelon get sold to Moonbug?

Yes, Cocomelon was sold to Moonbug Entertainment in July 2020 for an undisclosed amount. Moonbug Entertainment is a British company that owns a number of popular children’s YouTube channels, including Little Baby Bum and Blippi.

The sale of Cocomelon to Moonbug was a major coup for the British company. Cocomelon is one of the most popular children’s channels on YouTube, with over 120 million subscribers and over 3 billion views per month. The channel’s videos are available in over 30 languages and have been watched in over 250 countries.

The sale of Cocomelon to Moonbug is a sign of the growing value of children’s content on YouTube. In recent years, there has been a surge in demand for children’s content on YouTube, as parents increasingly turn to the platform to find educational and entertaining videos for their children.

It is likely that the sale of Cocomelon to Moonbug will lead to even more investment in children’s content on YouTube. As the demand for children’s content continues to grow, YouTube creators are likely to produce even more high-quality content that is both educational and entertaining.

FAQs

Does China own Cocomelon?

No, China does not own Cocomelon. Cocomelon is owned by Candle Media, an American media company led by Kevin Mayer and Tom Staggs. Candle Media acquired Moonbug Entertainment, the parent company of Cocomelon, in 2022. Moonbug Entertainment was previously owned by the British company WildBrain.

However, Cocomelon is available in China through partnerships with iQIYI and ByteDance/Xigua Video. These partnerships allow Chinese viewers to watch Cocomelon’s videos on these platforms.

In addition, Tencent Video, a Chinese streaming service, acquired 180 episodes of Cocomelon in both English and Mandarin in 2021. This acquisition allows Tencent Video to stream Cocomelon’s videos to its Chinese users.

While China does not own Cocomelon, it does have a significant presence in the channel’s distribution. These partnerships allow Chinese viewers to watch Cocomelon’s videos, and the acquisition by Tencent Video gives the Chinese streaming service exclusive rights to stream Cocomelon’s videos in China

Why is Cocomelon so rich?

Cocomelon is rich for a number of reasons. First, the channel has an incredibly large audience. As of March 2023, Cocomelon has over 150 million subscribers on YouTube, and its videos have been watched over 150 billion times. This gives the channel a massive reach, which allows it to generate a lot of ad revenue.

Second, Cocomelon’s content is very popular with children. The channel’s videos are bright, colorful, and catchy, and they often feature simple but catchy songs. This makes them very appealing to young children, who are more likely to watch them repeatedly.

Third, Cocomelon has been very successful in monetizing its content. The channel has a number of revenue streams, including ad revenue, merchandise sales, and licensing deals. This allows the channel to generate a lot of revenue, even though its videos are free to watch.

Finally, Cocomelon has been very well-managed. The channel’s creators have been able to consistently produce high-quality content that appeals to children. This has helped the channel to maintain its popularity over time.

As a result of all of these factors, Cocomelon has become one of the most successful children’s brands in the world. The channel is estimated to be worth over $790 million, and its founder, Jay Jeon, is estimated to have a net worth of over $460 million.

Here are some additional reasons why Cocomelon is so rich:

The channel’s videos are available in over 30 languages, which gives it a global reach.
Cocomelon has partnered with a number of major brands, such as Target and Walmart, to sell its merchandise.
The channel has also produced a number of original songs, which have been very successful on streaming platforms like Spotify and Apple Music.

It is likely that Cocomelon will continue to be successful in the years to come. The demand for children’s content is only going to grow, and Cocomelon is well-positioned to meet that demand.

Is Cocomelon a franchise?

Yes, Cocomelon is a franchise. The company has expanded its reach beyond YouTube by creating a number of spin-off shows, including JJ’s Animal Time and Nina’s Time. The company has also partnered with a number of major retailers to sell its merchandise, such as Target and Walmart.

In addition, Cocomelon has produced a number of original songs, which have been very successful on streaming platforms like Spotify and Apple Music. These songs have been featured in a number of other media, such as TV shows and movies.

The company is also expanding into new markets, such as China. In 2021, Tencent Video, a Chinese streaming service, acquired 180 episodes of Cocomelon in both English and Mandarin. This acquisition allows Tencent Video to stream Cocomelon’s videos to its Chinese users.

As a result of all of these efforts, Cocomelon has become one of the most successful children’s brands in the world. The company is estimated to be worth over $790 million, and its founder, Jay Jeon, is estimated to have a net worth of over $460 million.

Here are some of the reasons why Cocomelon is a franchise:

It has a strong brand identity. The company’s logo and characters are instantly recognizable, and its videos are known for their bright colors and catchy songs.
It has a large and engaged audience. Cocomelon has over 150 million subscribers on YouTube, and its videos have been watched over 150 billion times.
It has a diversified revenue stream. The company generates revenue from a variety of sources, including advertising, merchandise sales, and licensing deals.
It has a strong management team. The company’s founders have a deep understanding of the children’s entertainment industry, and they have been able to consistently produce high-quality content that appeals to children.

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