MacMillan gets back into broadcasting with purchase of Glassbox

TORONTO – Former Alliance Atlantis president and CEO Michael MacMillan is getting back into the industry he knows so well.His company, Blue Ant Media, announced today it has entered into an agreement to acquire GlassBOX Television, which owns and operates digital specialty channels Aux TV, Bite TV and the recently acquired (for $10 million) Travel & Escape.Blue Ant will initially purchase 29.9% of GlassBOX Television from both existing security holders and company treasury. In addition, an offer has been accepted for Blue Ant to purchase additional shares in GlassBOX from existing shareholders, which will result in a minimum ownership position...