Dubbed Lighthouse Studios, the joint venture will have its own not-yet-announced management team, reporting to a board of directors comprising executives from both Mercury Filmworks and Cartoon Saloon.
It plans to announce more information about its first development and production projects, as well as hiring details, in the coming weeks. The venture was revealed on Monday with support from Irelandâ€™s Department of Jobs, Enterprise and Innovation through IDA Ireland and intends to create at least 140 jobs in the next three years.
Both partners also continue their own TV and film operations. Mercury Filmworksâ€™ projects have included Disneyâ€™s Tangled animated series, Mickey Mouse Shorts, Wander Over YonderÂ as well as the upcoming Netflix original series Hilda.