OTT

WildBrain reports revenue declines


HALIFAX — Kids and family content creator and broadcaster WildBrain reported a year-over-year decrease in annual revenue and a higher net loss for fiscal 2020, ended June 30th. The company’s revenue in Q4 2020 was $92.2 million, down from $108.8 million compared to the same quarter of 2019. Its full-year fiscal 2020 revenue was $425.6 million, a 3% decrease compared to $439.8 million in fiscal 2019. WildBrain managed to post a modest net income of $4 million in Q4 2020 vs. a net loss of $62.8 million in Q4 2019. However, the company’s fiscal 2020 net loss was $236 million,...