MIPTV has kicked off, and some of the first breaking news from Cannes is that the Disney Channel Worldwide has acquired Aardman's new pre-school show Timmy.
The eagerly awaited stop-motion animated series is due to premiere in 2009 on Playhouse Disney channels and programming blocks around the world.
The announcement was made by Gary Marsh, president of Disney Channels Worldwide.
He said: "Our talented global team focuses on one brand and one vision and it's incredibly exciting when the decision to acquire a property is unanimous.
"Timmy is a unique show from world-class auspices and is consistent with our strategy to offer endearing characters and stories with universal life lessons for pre-schoolers and caregivers to enjoy together."
Timmy is aimed at children aged between two and five. The character was introduced in Aardman's award winning Shaun the Sheep.
Miles Bullough, head of broadcast at Aardman, added: "Having worked with Disney Channels in several territories on Shaun the Sheep, it made complete sense for us to join forces on Timmy. We know that they will take great care of our latest offspring."