9 Story Media makes Breakthrough acquisition | Major Businesses | Business
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Creator, producer and distributor of kids’ and family-focused intellectual property, 9 Story Media Group, has entered into an agreement to acquire Breakthrough Entertainment’s kids and family library and development slate.

9story 11July2018Breakthrough’s kids and family division was launched on the worldwide success of the series The Adventures of Dudley the Dragon and the library currently includes a mix of animated and live action content. Properties include animated shows like Rocket Monkeys, Jimmy Two Shoes and Captain Flamingo, book-based properties such as Margaret Atwood’s Wandering Wenda and Gordon Korman’s Bruno & Boots, along with the acclaimed Anne of Green Gables movie series.

Under the terms of the acquisition agreement for which full financial terms have yet to be disclosed and which is expected to close within the next 30 days, 9 Story will acquire 757 half hours of animated and live action kids and family content. This will bring its total distribution library to more than 3,500 half hours. 9 Story will also take over Breakthrough’s kids and family development slate and have the right to produce future seasons of these properties. Breakthrough has agreed to a three-year non-compete in the kids and family space but will complete its current kids and family production slate.

“Breakthrough has built an impressive catalogue of popular animated and live action kids and family content,” said 9 Story president and CEO Vince Commisso. “The acquisition adds significant depth and breadth to our distribution library, expands our development slate and production opportunities, and solidifies our position as one of the industry’s top suppliers for kids and family content internationally. In particular, the deal increases 9 Story’s live action offering with top titles like Anne of Green Gables, Bruno & Boots and Max and Shred.”

“Breakthrough is honoured to have our award-winning kids content, produced over the last 33 years, become part of 9 Story’s high-quality kids and family library,” said Breakthrough Entertainment co-founder and president Ira Levy. “9 Story’s excellence in kids’ media is the perfect fit to continue the legacy of Breakthrough’s kids and family catalogue both domestically and in the international market.”