Posts Tagged ‘ Wow! Unlimited ’

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

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CRTC reveals 2016 TV channel financial data

Warning: This is a long one.

It took a little longer than usual, but the Canadian Radio-television and Telecommunications Commission has revealed the individual TV channel financial data for the broadcast year starting September 1, 2015, and ending August 31, 2016. I’ll be highlighting figures from channels that are somewhat relevant to this blog, so feel free to dig through your favourite (or least favourite) TV channel’s data. How many of them operate with 0 full-time staff? The answer is too many. 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

Canadian Animation News: Rainmaker no more and the “new” Nelvana

wow

2016 has been a big year for Rainmaker. The Vancouver-based animation studio launched the direct-to-video revival Open Season: Scared Silly and the theatrical adaptation of Ratchet & Clank this spring, continued work on the Bob The Builder and Barbie franchises, and continues prep for the upcoming ReBoot: The Guardian Code TV series. 2017 is set up to be a landmark year; not only as more of those projects come to fruition, but because Rainmaker itself will undergo a transformation. That transformation sees the addition of two new partners, an executive reshuffling and a new name: WOW! Unlimited Media. Continue reading