Knightscove Media has sealed its deal for Ellis Entertainment, agreeing to pay $2.82 million for all shares to the Toronto-based producer/distributor and the rights to its library. Ellis has a 600-title library of wildlife and nature programming, which Knightscove will add to its own family-oriented films and programming. The deal is expected to close by the end of the month.
The companies have been in talks since last spring. The agreement follows Knightscove’s more recent purchase of the American video-on-demand outlet Kidmazing, since renamed Knight TV.