Posts Tagged ‘ Wow TV ’

CRTC approves sale of Comedy Gold to Wow! Unlimited Media

The Canadian Radio-television and Telecommunications Commission has approved the sale of Bell Media’s Comedy Gold TV channel to Wow! Unlimited Media. The decision came today as the result of a public hearing held in Gatineau on May 31st. The cost of the transaction will be $6.8 million, with Bell Media gaining a 12% ownership stake in Wow! Unlimited. The deal to launch a “strategic partnership in kids and youth entertainment” was first announced in June 2017.

The commission felt the sale would be “in the public interest and will increase the variety of children’s and youth programming available to Canadians.” The new channel, tentatively known as Wow TV, has had its license renewed until August 31, 2023. That said, the CRTC did have some concerns to address: Continue reading

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Odds & Ends XL: Mega Man: Fully Charged for the fall, Mecard sued, Bushiroad dubs

Breakdown

Mega Man: Full Charged launches this fall
Spin Master brings Mattel to court over Mecard
Monster Hunter film co-produced by Toronto company
Bushiroad Dub News
Quebec City-based studio takes on Neptunia
TV Update
Mind Game in Vancouver
Blog Housekeeping

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Odds & Ends: Comedy Gold goes to Wow! Unlimited; Beyblade Burst Evolution next month

We finally know which of Bell Media’s broadcast licenses will be relaunched as Wow! Unlimited’s new cable channel. In an interview with Canadian media industry publication Cartt.ca, Bell Media’s president Randy Lennox has revealed the company “horse-traded” Comedy Gold to the Canadian animation company. The channel came up in a discussion about the future of linear television in Canada. Continue reading

DHX looks to sell … something; Wow! Unlimited gets closer to TV screens

Did you know there’s a Peanuts anime?

It’s been a tough fiscal year for DHX Media. The Canadian kids content powerhouse reported revenues of $298.7 million, down from $304.8 million in 2016. More alarmingly, the company went from a net income of $27.7 million to a loss of $3.6 million. Most of the pain came from the fourth quarter, which saw the company lose $18.3 million compared to $1.7 million the year prior. The biggest issue is the company’s ever increasing debt, which was accelerated by their $345-million US purchase of Iconix Brand Group in May, which gives them ownership of the Peanuts and Strawberry Shortcake properties.

DHX primarily attributes their under performance to lower than expected revenue from Teletubbies in the United States, as well as management being preoccupied with the Iconix purchase. But as a publicly traded company, that’s obviously not enough to keep off investors, who helped the company’s share price fall from $6.40 to $5.00. Continue reading

Wow! Unlimited buys Bell cable channel in “strategic partnership in kids and youth entertainment”


Wow! Unlimited, the amalgamation of Rainmaker, Frederator, and Ezrin Hirsh Entertainment, teased acquisitions during the company’s announcement last fall and the first big one has been revealed. Yesterday afternoon, Wow! Unlimited struck a “strategic partnership in kids and youth entertainment” that will see the animation company purchase a cable channel from Bell Media. The new channel is tentatively titled Wow. The companies will also collaborate on various other initiatives, including providing content for Bell’s streaming services. Continue reading

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