Corus completes purchase of Historia, Séries+, Teletoon

TORONTO – Corus Entertainment said Monday that it officially closed its acquisition of Historia, Séries+ and the remaining 50% of Teletoon Canada Inc. on January 1, 2014.After receiving the CRTC’s blessing on the deal late last month, Corus now owns 100% of Historia, Séries+ and Teletoon Canada (which includes Teletoon, Télétoon, Teletoon Retro, Télétoon Rétro and Cartoon Network). Last April, Corus also consolidated its ownership of ABC Spark and divested its 20% interest in Food Network Canada to corporate cousin Shaw Communications.Corus said that the net cash consideration for these assets is $481 million Cdn. and was paid for with...