Radio / Television News

Atomic Cartoons powers Thunderbird’s revenue growth


VANCOUVER — Thunderbird Entertainment Group announced Friday its Q2 2020 and year-to-date financial results, reporting $14.3 million in revenue for the quarter and $31.3 million in revenue for the six months ended December 31, 2019. These represent increases of $2.7 million and $5.3 million, respectively, over the comparative periods of fiscal 2019. In its news release, Thunderbird attributed the majority of the revenue increase to growth in its Atomic Cartoons kids and family division. The company’s consolidated net losses were $1.4 million and $500,000 for the second quarter and first half of 2020, respectively. However, this is an improvement over...