The Hollywood animation house, which recently signed a deal with Netflix, needs the space to hire up 250 more workers.
Titmouse, the independent animation house known for cult shows such as the edgy comedy series “Big Mouth” and “Metalocalypse,” is expanding its footprint in Los Angeles.
The Emmy-winning producer, first established in Hollywood in 2000, plans to occupy a new 95,000-square-foot office space in Burbank, its fourth office in North America, later this year. The company struck a deal with property developer GPI Cos. for a new long-term lease on the North Naomi Street building, the companies said in a statement Friday.
Titmouse needs the extra space because of a growing slate of cartoons and to accommodate an additional 250 staff members who will join the animator’s 700-person workforce spread among offices in New York, Vancouver and Hollywood, where its headquarters will remain. The lease — one of the biggest in Burbank in recent years — highlights how entertainment companies are expanding in L.A. in response to an explosion in demand for content, driven by the launch of many new streaming platforms. That has created an opportunity for real estate investors to buy and develop properties, then lease them out to entertainment companies.Streaming services and cable networks are hungry for adult-oriented animated fare, which is cheaper to produce than live-action dramas.
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