The private equity firm, which is a minority shareholder in Corus, held a conference call Friday to expand upon several claims it has made in relation to the Corus-Shaw deal.
Corus Entertainment has released a statement characterizing claims outlined in a recent media report as “deeply misleading.”
Captain Cornelius’ Cartoon Lagoon (pictured) is one of two new indie series in development with the kids caster.
The media co is launching the new division with CMT Music Fest this July.
Toronto’s Hiltz Squared Media has acquired the Oscar-nominated short documentary 50 Feet From Syria (pictured), plus more deals of the week.
Paris-based indie Cottonwood Media has signed new development partnerships with Shaftesbury and Teletoon Canada for its animated comedy Squish.
shomi has secured a licensing deal with Corus Entertainment for a slate of Nickelodeon content, which encompasses 700 half-hour eps, as well as the exclusive rights to six series.
The regulator has opened review of the deal to public interventions until Feb. 15.
Shaw Communications has asked for an administrative review, used for applications involving an intra-corporate reorganization or when there is no change of effective control.
Tangible benefits have been a bright light for producers in the last decade of media consolidation and vertical integration. But Corus-Shaw is a different matter.
The company posted a 2.2% increase in operating income to $1.42 billion while net income fell to $218 million.
CMPA president and CEO Reynolds Mastin argues that independent producers face an unfair negotiating environment in the wake of the Corus-Shaw deal.