CORUS ENTERTAINMENT MAKES MAJOR INVESTMENT IN AIRCRAFT PHOTOS

Investment secures Corus majority stake in Oscar® and Emmy® nominated production company founded by Anthony Leo and Andrew Rosen

Deal provides significant boost to creative output at Aircraft Pictures

TORONTO, February 1, 2022 /PRNewswire/ — Corus Entertainment Inc. (TSX: CJR.B) has acquired a majority stake in Academy Award® and Emmy Award® nominated production company Aircraft Pictures Limited, founded in 2005 by a Canadian production team Anthony Leo and Andrew Rosen. The agreement marks a significant investment to support Aircraft Pictures and Corus’ growth ambitions in producing quality children’s and family entertainment for the global market.

“Bringing the creative capabilities and entrepreneurial talents of Aircraft Pictures into Corus orbit will help accelerate our strategy to expand our global content business,” said Colin Bohm, Executive Vice President of Content and Corporate Strategy, Corus Entertainment. “We are thrilled to be in business with two of the industry’s most respected producers.”

Aircraft Pictures produced the Oscar®-nominated animated feature The breadwinner in 2017; the Emmy®-nominated live-action series holly hobby; the hit trilogy of family TV movies based on Gordon Korman Bruno & Boots novels, which first aired on YTV in 2017; and the recently announced anime series summer memories. Aircraft Pictures has a strong roster of family-friendly scripted projects that are poised to capitalize on market demand for this genre, and Corus’ investment will help Aircraft Pictures increase its development, financing and production capacity. of premium content, with an emphasis on international co-productions.

“Andrew and I are truly fortunate to be working with exceptional creative talent, exceptional co-production partners and distributors, and world-class broadcast and streaming platforms,” ​​said Anthony Leo, co-president of Aircraft Pictures. “As we plan to grow the business in new and exciting ways, the additional resources provided by this historic milestone will increase the value Aircraft Pictures can bring to our partners exponentially.”

Andrew Rosen, co-chairman of Aircraft Pictures, added: “Having worked with Corus for many years and achieved tremendous success with the Bruno & Boots movies, we look forward to building this exciting partnership into a legacy of family-friendly content that resonates with audiences around the world.”

This investment builds on Corus’ growing content business, with Aircraft Pictures joining venerable studio Nelvana, respected publisher Kids Can Press and Corus Studios, each delivering best-in-class content to leading brands such as Nickelodeon, Discovery, the CW, Netflix, Hulu and Amazon.

About Corus Entertainment
Corus Entertainment Inc. (TSX: CJR.B) is a leading media and content company that develops and delivers premium brands and content to platforms for audiences around the world. Engaging audiences since 1999, the company’s portfolio of multimedia offerings includes 33 specialty television services, 39 radio stations, 15 conventional television stations, a suite of digital and streaming assets, animation software , technologies and multimedia services. Corus is an internationally recognized creator and distributor of content through Nelvana, a world-class animation studio expert in all formats, and Corus Studios, a globally recognized producer of best-selling scripted and unscripted content. The company also owns innovative full-service social digital agency so.da, lifestyle entertainment company Kin Canada, leading 2D animation software provider Toon Boom and children’s book publisher, Kids Can Press. Corus’ list of premium brands includes Global Television, W Network, HGTV Canada, Food Network Canada, HISTORY®, Showcase, Adult Swim, National Geographic, Disney Channel Canada, YTV, Global News, Globalnews.ca, Q107, Country 105 and CFOX, as well as the widely distributed Canadian broadcast platforms STACKTV, Nick+, the Global TV app and Curiouscast. For more information, visit www.corusent.com.

About aircraft photos
Situated at Toronto with an office Los Angeles, Aircraft Pictures was founded by Anthony Leo and Andrew Rosen to create high-quality scripted content for children, families and young adults. Recent projects include the Hulu Original series holly hobby; the multi-award winning animated feature The breadwinner; three television films based on Bruno & Boots a series of books by Canadian young adult fiction icon Gordon Korman; the supernatural comedy series Todd and the Book of Pure Evil and the Kidscreen Award-winning single-camera comedy Raising expectations created by Tom Saunders (Development stopped) and featuring Jason Priestley and Molly Ringwald. Aircraft also collaborated on the creator of CSI Anthony E. Zuiker internet movie Cybergeddon and the NBC Universal web series Heroes Reborn: Dark Matters. For more information, visit www.aircraftpictures.com

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SOURCE Photos of planes; Corus Entertainment

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