The deal hands Nick global broadcasting rights to Regal Academy, with the show launching some time next year.
In Italy, pubcaster RAI has rights as a coproduction partner.
Nick’s parent, Viacom, owns a minority share in Loreto-based producer Rainbow.
Regal Academy follows a normal girl, who finds herself transported to magical world where she enrols at a school whose student body includes pupils hailing from fairy tale families.
Rainbow, best known for girls-skewed action toon Winx Club, last week acquired Canada’s Studio Bardel for an undisclosed amount.