Paragon has re-launched Paragon Financial Investments with a new mandate to provide interim financing to indie production in addition to distribution and tax credit advances and financing against unsold territories. No distribution deal will be required.

Paragon Family Entertainment has completed a deal with the Kratt brothers (Kratts’ Creatures) to produce their next project, a 40 episode pre-school series called Zaboomafoo.

Paragon is also exanding its relationship with Ottawa’s Lacewood Productions to assume a 50% equity stake in all Lacewood product.