US publisher Scholastic has agreed to acquire Canada-based kids TV producer and distributor 9 Story Media Group for $186m.
Scholastic said the deal would expand its opportunities to leverage its brand and children’s publishing franchises across print, screens and merchandising.
The two companies have previously collaborated on the animated series reboot of Clifford the Big Red Dog on PBS Kids and Amazon Prime Video and the production of Eva the Owlet on Apple TV+.
9 Story’s divisions include Brown Bag Films, which is behind kids’ series such as Octonauts, Doc McStuffins and Daniel Tiger’s Neighborhood; 9 Story Distribution International, which represents more than 5,000 half-hour episodes of 2D and 3D animated and live-action programming; and consumer products arm 9 Story Brands.
9 Story recently announced a significant deal with Crayola Studios to handle production and distribution on new, original projects.
“This highly strategic combination, adding 9 Story’s industry-leading capabilities with Scholastic’s trusted brand and proven ability to create iconic children’s series and franchises, has tremendous potential to build deeper connections with young people through our stories, as the pages of our books come to life on screens and through merchandising,” said Peter Warwick, Scholastic President and Chief Executive Officer.
Vince Commisso, President and Chief Executive Officer of 9 Story, said: “We’ve been fortunate to work with Scholastic for decades, going back to my own start with the family-favourite production, The Magic School Bus. The combination of our global studios, sales and distribution capabilities with Scholastic’s existing media business, iconic name and unique capabilities opens even more opportunities to deliver compelling stories and build impactful brands for audiences worldwide.”
You are not signed in
Only registered users can comment on this article.
Roku to let US viewers test experimental apps
Roku has launched Roku Labs, which will give US viewers early access to experimental, in-development apps from the connected TV firm’s engineers.
Disney names Karandeep Anand to newly created Chief Technology Officer role
The Walt Disney Company has appointed Karandeep Anand to the newly created position of Senior Executive Vice President and Chief Technology Officer.
Comcast and Paramount Skydance weigh future of SkyShowtime platform
Comcast and Paramount Skydance are reportedly considering winding down their SkyShowtime joint venture.
Disney+ launches curated Playlists feature
Disney+ is introducing Playlists, a feature that brings together themed collections of episodes and movies that play continuously.
Apple expands Apple TV to 170 markets
Apple is rolling out is Apple TV streaming platform into 59 additional countries, taking the service’s global footprint to 170 markets.
.jpg)


