The character Mansour is one of Cartoon Network’s favourites. Courtesy Turner Broadcasting
The character Mansour is one of Cartoon Network’s favourites. Courtesy Turner Broadcasting
The character Mansour is one of Cartoon Network’s favourites. Courtesy Turner Broadcasting
The character Mansour is one of Cartoon Network’s favourites. Courtesy Turner Broadcasting

Ready, set, go! Cartoon Network in race to expand across region


Mustafa Alrawi
  • English
  • Arabic

Cartoon Network, the company behind popular characters The Powerpuff Girls, Ben 10 and Mansour, has been expanding its presence on paid and free-to-air platforms in the region as it targets growing retail and live-event revenue streams. Part of the US media company Turner International, parent of news network CNN, it operates Cartoon Network Studios Arabia, based out of TwoFour54 in Abu Dhabi. Tarek Mounir, Turner’s vice president and general manager for the Middle East, North Africa, Turkey, Greece and Cyprus, tells The National how the Cartoon Network has been using augmented reality and platforms beyond TV to boost engagement with audiences and corporate brands.

What are the licensing expansion plans for the country including in terms of corporate partnerships, and how do these tie ups boost Cartoon Network’s business model?

Currently, one of our biggest licensing deals in the region is our proud partnership with IMG Worlds of Adventure in Dubai, which opened its doors in August 2016. The world’s largest indoor theme park includes a dedicated Cartoon Network zone, offering different rides and multiple immersive entertainment experiences. We have since announced that we will be a part of IMG World’s second park, IMG Worlds of Legends. This partnership marked a significant milestone in our strategy to deliver more immersive fan experiences for kids and families who want to engage with our characters in multiple ways beyond the TV.

How have you tied up with retailers?

We have also seen a lot of interest in our brands from many regional and global companies, in particular in fashion and toys. Following the success of The Powerpuff Girls' collaboration with Moschino for their spring/summer 2016 line, Saucette, s*uce's multibrand concept boutique for kids, became the first in the region to partner with Cartoon Network to create a fantastic Powerpuff Girls collection. In addition, Mothercare has launched an exclusive apparel collection in the region based on our successful local production and famous cartoon character, Mansour, and Lego has recently launched a global fan-driven Lego Ideas set based on Cartoon Network's global hit, Adventure Time.

How will the retail sector continue to grow for you?

Our current plans include entering the “Mall-tainment” business in collaboration with partners across the region, in response to the increased demand we are receiving from malls seeking new and innovative ways to drive footfall and increase engagement levels. Creativity and rich content remains at the core of our efforts. Earlier this year, we attended the Kids in Motion exhibition for the first time, and featured some of our most popular characters such as Ben 10 and The Amazing World of Gumball. The feedback was very positive and we were extremely pleased with the responses we received from over 44,000 visitors at the event. As a result, we will be utilising our fantastic Ben 10 Hero Experience – featuring augmented reality – at retailers across the region to support the launch of Playmates master toy line later this year, creating a yet more engaging experience for children and their families.

What is the impact of live events?

During the Arabian Travel Market, we took part in the Summer Festivals and Events Conference to introduce a turnkey approach that offers governments, malls and hotels scalable Cartoon Network-themed entertainment solutions that Cartoon Network, in conjunction with its partners Live Nation and Invent, can create and cater based on the requirements of each activity or event. We are currently actively educating businesses and potential partners about the availability of our services, which will definitely drive creativity in the market.

That seems to show that your growth depends on more platforms that just TV.

Linear TV viewership remains extremely important and we are proud to have a leading presence with our channels in the region. However, to grow our business and drive engagement with our audiences, we have to be present across other touchpoints too. By this we mean that Cartoon Network does not only depend on TV, it has also expanded to making its cartoon characters available in the market, whenever a relevant opportunity is available.

What is the size of the ­opportunity in live events expected to be?

This opportunity will build upon our already successful Themed Entertainment and Live Events business by expanding our physical presence in malls, hotels and other locations that want to offer this kind of live experience for kids and families. We hope to be revealing some other exciting opportunities in this space soon too.

How about target markets? Are you focused just on the UAE and the region or elsewhere too?

In the MENAT region we are focusing on Turner Kids key channel markets – GCC countries and Turkey, but it’s an initiative that spans our wider Europe, Middle East and Africa region too.

What technologies is Cartoon Network investing in?

Everyone knows that children today are more tech-savvy than ever and they expect to be able to discover their favourite entertainment brands wherever they are. According to a study by the International Data Corporation in 2016, the augmented and virtual reality market in the Middle East and Africa are expected to grow significantly over the next five years, at an annual growth rate of more than 100 per cent between 2016 and 2020. These findings support our growth plans as we continue to invest in augmented reality, virtual reality and mixed reality – making them an integral part of the future of our brands.

malrawi@thenational.ae

Explainer: Tanween Design Programme

Non-profit arts studio Tashkeel launched this annual initiative with the intention of supporting budding designers in the UAE. This year, three talents were chosen from hundreds of applicants to be a part of the sixth creative development programme. These are architect Abdulla Al Mulla, interior designer Lana El Samman and graphic designer Yara Habib.

The trio have been guided by experts from the industry over the course of nine months, as they developed their own products that merge their unique styles with traditional elements of Emirati design. This includes laboratory sessions, experimental and collaborative practice, investigation of new business models and evaluation.

It is led by British contemporary design project specialist Helen Voce and mentor Kevin Badni, and offers participants access to experts from across the world, including the likes of UK designer Gareth Neal and multidisciplinary designer and entrepreneur, Sheikh Salem Al Qassimi.

The final pieces are being revealed in a worldwide limited-edition release on the first day of Downtown Designs at Dubai Design Week 2019. Tashkeel will be at stand E31 at the exhibition.

Lisa Ball-Lechgar, deputy director of Tashkeel, said: “The diversity and calibre of the applicants this year … is reflective of the dynamic change that the UAE art and design industry is witnessing, with young creators resolute in making their bold design ideas a reality.”

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Profile of MoneyFellows

Founder: Ahmed Wadi

Launched: 2016

Employees: 76

Financing stage: Series A ($4 million)

Investors: Partech, Sawari Ventures, 500 Startups, Dubai Angel Investors, Phoenician Fund

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Terror attacks in Paris, November 13, 2015

- At 9.16pm, three suicide attackers killed one person outside the Atade de France during a foootball match between France and Germany- At 9.25pm, three attackers opened fire on restaurants and cafes over 20 minutes, killing 39 people- Shortly after 9.40pm, three other attackers launched a three-hour raid on the Bataclan, in which 1,500 people had gathered to watch a rock concert. In total, 90 people were killed- Salah Abdeslam, the only survivor of the terrorists, did not directly participate in the attacks, thought to be due to a technical glitch in his suicide vest- He fled to Belgium and was involved in attacks on Brussels in March 2016. He is serving a life sentence in France

Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

First Person
Richard Flanagan
Chatto & Windus 

How the bonus system works

The two riders are among several riders in the UAE to receive the top payment of £10,000 under the Thank You Fund of £16 million (Dh80m), which was announced in conjunction with Deliveroo's £8 billion (Dh40bn) stock market listing earlier this year.

The £10,000 (Dh50,000) payment is made to those riders who have completed the highest number of orders in each market.

There are also riders who will receive payments of £1,000 (Dh5,000) and £500 (Dh2,500).

All riders who have worked with Deliveroo for at least one year and completed 2,000 orders will receive £200 (Dh1,000), the company said when it announced the scheme.

The smuggler

Eldarir had arrived at JFK in January 2020 with three suitcases, containing goods he valued at $300, when he was directed to a search area.
Officers found 41 gold artefacts among the bags, including amulets from a funerary set which prepared the deceased for the afterlife.
Also found was a cartouche of a Ptolemaic king on a relief that was originally part of a royal building or temple. 
The largest single group of items found in Eldarir’s cases were 400 shabtis, or figurines.

Khouli conviction

Khouli smuggled items into the US by making false declarations to customs about the country of origin and value of the items.
According to Immigration and Customs Enforcement, he provided “false provenances which stated that [two] Egyptian antiquities were part of a collection assembled by Khouli's father in Israel in the 1960s” when in fact “Khouli acquired the Egyptian antiquities from other dealers”.
He was sentenced to one year of probation, six months of home confinement and 200 hours of community service in 2012 after admitting buying and smuggling Egyptian antiquities, including coffins, funerary boats and limestone figures.

For sale

A number of other items said to come from the collection of Ezeldeen Taha Eldarir are currently or recently for sale.
Their provenance is described in near identical terms as the British Museum shabti: bought from Salahaddin Sirmali, "authenticated and appraised" by Hossen Rashed, then imported to the US in 1948.

- An Egyptian Mummy mask dating from 700BC-30BC, is on offer for £11,807 ($15,275) online by a seller in Mexico

- A coffin lid dating back to 664BC-332BC was offered for sale by a Colorado-based art dealer, with a starting price of $65,000

- A shabti that was on sale through a Chicago-based coin dealer, dating from 1567BC-1085BC, is up for $1,950