9 Story Media Group expands European footprint with Brown Bag Films acquisition

TORONTO - 9 Story Media Group has bought Brown Bag Films, the animation studio behind hit children’s series Octonauts, Doc McStuffins, Bing Bunny and Henry Hugglemonster. Terms of the transaction, which closed on Monday, were not disclosed. This is the first acquisition for 9 Story following an equity investment from media entrepreneur Neil Court and ZMC, Zelnick Media Capital last year.Founded in 1994 by Cathal Gaffney and Darragh O'Connell, Brown Bag Films is headquartered in Dublin, with a studio in Manchester and an office in Los Angeles, and employ 170 creative and production staff. Brown Bag Films will retain its...