Corus Entertainment Inc. CJR-B-T says it has purchased a majority stake in television and film production company Aircraft Pictures Ltd.
The Toronto-based company did not reveal the value of the deal, but says the partnership will help both brands produce more quality kids and family-focused entertainment.
Corus says the investment will expand Aircraft Pictures’ ability to develop, finance and produce premium content, with a focus on international co-productions.
Aircraft Pictures is behind the Academy Award-nominated animated feature film “The Breadwinner,” live-action series “Holly Hobbie” and a trilogy of movies based on Gordon Korman’s “Bruno & Boots” books.
Aircraft Pictures is Toronto-based, but has an office in Los Angeles.
Corus has long been involved in children’s entertainment through its studio Nelvana, publisher Kids Can Press and Corus Studios.
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