DHX Media to buy Cookie Jar Entertainment for $111M

HALIFAX - DHX Media is buying Cookie Jar Entertainment in a $111 million deal that will result in Canada's largest children's entertainment company. The two program distributors said Monday that the combined company will own more than 8,000 hours of children's entertainment that includes globally recognized brands such as Caillou, Inspector Gadget and Yo Gabba Gabba, that can be seen in over 160 countries. "The acquisition of Cookie Jar is a transformational event for DHX that will significantly enhance our scale and our growth opportunities," said DHX CEO Michael Donovan, in a statement. "Through this combination, we will strengthen our portfolio of...