The Toronto-based company has lowered its adjusted EBITDA forecast, partially due to a “slowdown” of content buying in the U.S.
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BCE saw a 7% increase in Crave subscribers during the quarter, bringing the total number to more than three million.
The Version 10 founder takes on the role of president while Sphere Media head Bruno Dubé becomes VP, as Sophie Deschênes ends her term as board president.
Lucy Veale and Audrey Quinn join the the consultancy firm’s leadership team as co-founder and co-president Kathy Avrich-Johnson transitions to advisor.
The companies will now have to move to public hearings before the Competition Tribunal.
The former Les Films Séville president also revealed the core leadership team at his new distribution company, as well as the first title on its theatrical release slate.
The former VP, sales and acquisitions will co-lead with founder and president Hussain Amarshi and serve as executive producer on the distributor’s Canadian films.
Based in Vancouver, Hodgson will spearhead new business ventures for the North American prodco.
The Vancouver company reported $149 million in revenue for the fiscal year as it looks to properties such as Princess Power and Reginald the Vampire to propel profits in the next two years.
President and CEO Doug Murphy attributed the decline to an “uncertain macroeconomic environment,” but highlighted the potential for its multi-platform TV strategy heading into the next fiscal year.
The Vancouver-based prodco has hired industry veterans Nicole Shizuka Oguchi and Phil Klapwyk to help build its “value proposition” as a producer of “projects of any size and scope.”