The termination of the purchase agreement comes less than a week after the Competition Bureau blocked the transaction.
Bell Media’s bid for the Corus properties is still to be reviewed by the CRTC.
The network will debut one new series, alongside a number of returning shows including Private Eyes and ratings juggernaut Big Brother.
Neinstein, who currently serves as manager of original content, scripted, factual and kids at Corus, will join the streamer’s physical production team next month.
The renewals include Frantic Films’ Backyard Builds, Great Pacific Media’s Worst to First and Cineflix’s Property Brothers.
Primetime programming like NCIS and Seal Team won’t be available on the SVOD until seven days after its Canadian linear broadcast.
Production is underway on season three, while part two of the detective drama’s second season is slated to kick off Global’s summer schedule.
Gains in both subscriber and merchandising revenues offset a 3% decrease in quarterly TV advertising revenue.
Big Rig Warriors from Montreal’s Attraction Images is among a trio of new docuseries, while Corus also commissioned Forte Entertainment’s Stitched for Slice.
The Mainframe Studios-produced remake will launch on the global streamer on March 30, ahead of its Canadian premiere on YTV.
Together with former Cartoon Network president Stuart Snyder, Corus-owned Nelvana and Japan’s Sumitomo will develop and co-produce original anime properties.
YTV has commissioned a second season of Cloudy with a Chance of Meatballs, which has also been licensed to Turner in EMEA, APAC and LatAm.