Toonz Media Group CEO P. Jayakumar is stepping down from his role after more than 26 years at the helm of the Indian animation studio, effective Nov. 30.
During his tenure, Jayakumar transformed Toonz from a pioneering Indian animation studio into a global entertainment player specializing in kids and family content. The company expanded its operations internationally, establishing studios and offices across India, Ireland, Spain and New Zealand.
“Leading Toonz has been one of the most fulfilling experiences of my life,” Jayakumar said in a statement. “What began as a dream shared by a small, passionate team has today grown into a global powerhouse of creativity and storytelling.”
The outgoing CEO expressed gratitude to the company’s team and international partners while indicating plans to pursue a new venture. “While I step down from my current role, I will always remain emotionally connected to Toonz. In the coming months, I intend to embark on a new venture that continues my lifelong passion for creativity and collaboration in the global entertainment space,” he said.
To facilitate the transition, Jayakumar has been working with Viswanath Rao, the group’s acting CEO, and Karthik V. Kumar, who was recently appointed as finance director and board member of Toonz Animation India.
Founded in 1999 and headquartered in Technopark, Thiruvananthapuram, Toonz Media Group has produced and distributed thousands of hours of animated content, collaborating with major studios, broadcasters and streaming platforms worldwide. The company specializes in animation, VFX and digital content targeting kids and family audiences.
Current Toonz projects include “New-Gen Nanobot Heroes” and “Hangry Petz.”
variety.com
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