The deal, which represents the first multi-picture agreement between the two companies, will be used to launch Hollywood Suite’s new programming block World Cinema Wednesdays.
The most recent quarter also represented the end of an era at the Vancouver-based company as co-founder and former CEO Tim Gamble stepped down from the board of directors.
Among its pledges, the organization said it will create a pair of inclusion-focused managerial positions as it looks to build a more “egalitarian, open and diverse organization.”
The producers association took part in a Standing Committee on Canadian Heritage meeting to discuss ways to address IP retention in a streamer-dominated landscape.
The proceeds of the initial public offering would be between $175 million and $201.3 million, according to documents filed last week.
Ad-free service BBC Selects becomes the latest entrant in a fast-growing domestic SVOD market.
Overall revenue dropped to $508.1 million for the year, with the company’s broadcasting segment feeling the pinch of ad revenue declines.
French-language dramedy Le Guide de la famille parfaite will launch globally on Netflix at the same time as its Canadian theatrical release through Les Films Opale.
The preschool series was commissioned for Cartoon Network and HBO Max, with 9 Story handling global distribution and retaining global merchandising rights.
After the eighth installment was cut short due to the onset of the pandemic last March, the Insight Productions series goes live again on March 3.
The media company said it plans to use proceeds from the proposed IPO to secure and develop IP, repay debt and fund strategic investments and growth plans.
Val Creighton says the visual rebrand is timely as the organization prepares to spearhead industry consultations that will run parallel to government and regulatory reviews.