Corus buys majority stake in kids entertainment production company Aircraft Pictures

TORONTO — Corus Entertainment Inc. 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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This report by The Canadian Press was first published Feb. 1, 2021.

Companies in this story: (TSX:CJR.B)

The Canadian Press