Integrated Media Company Buys Toon Boom Animation
Corus Entertainment’s Nelvana Limited has entered into a deal to sell its Emmy Award-winning Montreal-based animation software business for around $147.5 million CAD in cash.
Corus Entertainment’s Nelvana Limited has entered into a deal to sell its Emmy Award-winning Montreal-based animation software business for around $147.5 million CAD in cash.
Production to begin Spring 2021; produced by redknot, a joint venture between Nelvana and Discovery, the show is based on the popular graphic novels written and illustrated by Ashley Spires.
$17 million CAD deal to see former DHX Media exec and Nelvana Limited and Cookie Jar Entertainment co-founder Michael Hirsh to lead the company as CEO and chairman of the board; Frederator Networks founder Fred Seibert to join the company as COO.