Operating profits rise 25% at Brown Bag Films

Operating profits at multi-award winning animation studio Brown Bag Films last year increased by 25 per cent to €7.2 million.

Founded in Dublin in 1994 by Cathal Gaffney and Darragh O’Connell, Brown Bag Films was acquired by Canadian based 9 Story Media Group in 2015. Last October Karma’s World launched on Netflix while the studio’s Eureka debuted on Disney Junior in June of this year.The firm’s pretax profits increased by 5 per cent to €5.85 million. The increase in pretax profits was lower than the rise in operating profits. This was due to an exceptional cost of €937,069 associated with the firm’s decision to shut its studio in Manchester last November consolidating its 2D production in Toronto.

Brown Bag Films, whose work include TV hits Doc McStuffins and Henry Hugglemonster, also operates a studio in Dublin.

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