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Mar 12, 2024 · Through the investment, Scholastic will acquire 100% of the economic interest in and a minority of voting rights in 9 Story Media Group (“9 Story”), a leading independent creator, producer and distributor of premium children’s content, for approximately USD $186 million, subject to customary closing adjustments.
Jun 21, 2024 · NEW YORK and TORONTO – June 21, 2024 – Scholastic (NASDAQ: SCHL), the global children’s publishing, education and media company, today announced that it has closed its previously announced definitive agreement to invest in 9 Story Media Group (“9 Story”), a leading independent creator, producer and distributor of premium children’s content, after receiving a satisfactory opinion ...
Jun 21, 2024 · Scholastic has acquired 100% of the economic interest and a minority of voting rights in 9 Story for CAD $250 million (approximately USD $182 million) from an affiliate of private equity firm ZMC and other selling shareholders. 9 Story Media Group will continue to be led by President and Chief Executive Officer Vince Commisso.
Jun 21, 2024 · Scholastic acquired 100% of the economic interest in and a minority of voting rights in 9 Story Media Group for US$182 million. 9 Story Media Group, headquartered in Toronto, Ontario, is a Canadian media & entertainment company that produces and distributes animated and live-action content. Scholastic, based in New York City, New York, is an ...
Jun 21, 2024 · Scholastic (NASDAQ: SCHL), the global children's publishing, education and media company, today announced that it has closed its previously announced definitive agreement to invest in 9 Story ...
Scholastic (NASDAQ: SCHL), the global children's publishing, education and media company, today announced it has signed a definitive agreement to invest in 9 Story Media Group. Through the investment, Scholastic will acquire 100% of the economic interest in and a minority of voting rights in 9 Story Media Group ("9 Story"), a leading independent creator, producer and distributor of premium ...
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Mar 12, 2024 · Through the investment, Scholastic will acquire 100% of the economic interest in and a minority of voting rights in 9 Story Media, the animation studio behind TV shows including “Doc McStuffins ...