WildBrain renegotiating TV channel sale with IoM Media Ventures

Follows CRTC’s rejection of WildBrain’s ‘undue disadvantage’ claim against Bell WildBrain announced Monday it has begun renegotiations with Halifax-based children’s studio IoM Media Ventures on certain commercial aspects of their previously announced agreement whereby IoM is to acquire a majority stake in WildBrain’s TV broadcast business. When announced in December 2024, the transaction was valued at more than $40 million. Under the terms of the agreement, IoM was to acquire 66 2/3 per cent of WildBrain’s TV business, including Family Channel, Family Jr., WildBrainTV and Télémagino. While the deal itself is still subject to CRTC approval, WildBrain said Monday it is currently having to...