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Blue Ant Media To Buy ‘Kim’s Convenience’ Producer Thunderbird Entertainment For $63M
The $89 million acquisition will expand Blue Ant's studio portfolio and boost earnings, with shareholders choosing cash, stock, or a mix for each Thunderbird share.
- On Nov. 26, 2025, Blue Ant Media Corp. agreed to buy Thunderbird Entertainment Group Inc. for C$89 million, the report said.
- Michael MacMillan, Blue Ant's founder and CEO, said the acquisition will add scale, complementary capabilities and strengthen earnings and cash flow, forecasting CAN$7 million annual cost synergies.
- Under the terms, Thunderbird shareholders can elect 0.2165 of a Blue Ant subordinate voting share, C$1.77 in cash or a combination, with a $40 million cash cap.
- Pending approvals, the transaction is expected to close in the first quarter of 2026, and Thunderbird CEO Jennifer Twiner McCarron will join Blue Ant to oversee a combined kids, young adult and animation business under Blue Ant Studios.
- The deal reshapes Vancouver's production sector, folding Thunderbird Entertainment Group Inc.'s IP, including Kim's Convenience and Highway Thru Hell, into Blue Ant Studios to boost Canadian and international content.
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Coverage Details
Total News Sources15
Leaning Left4Leaning Right0Center2Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 33%
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