Corus to co-own global kids channel

LONDON - Leading children’s media companies, Nelvana Enterprises, Sparrowhawk Media and DIC Entertainment announced today the creation of a strategic joint venture to launch KidsCo, a multi-platform global television channel for children and families. The announcement was made today by David Hulbert, CEO, Sparrowhawk, Andy Heyward, chairman and CEO, DIC and John Cassaday, president and CEO of Nelvana's parent, Corus Entertainment. KidsCo is a 24/7 multi-platform channel and "will be committed to providing a responsible and entertaining environment for children and families around the world," says the press release. The channel will begin rolling out in 2007 utilizing Sparrowhawk’s state-of-the-art...