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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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Blue Ant Media To Buy ‘Kim’s Convenience’ Producer Thunderbird Entertainment For $63M
Blue Ant Media Corp has snapped up one of Canada’s top production companies, Thunderbird Entertainment. The deal is priced in total at C$89M ($63.2M), with Blue Ant paying in cash and shares for all common shares in Thunderbird, which makes the likes of Kim’s Convenience, Highway Thru Hell and Reginald the Vampire. This prices Thunderbird’s […]
·Los Angeles, United States
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Coverage Details
Total News Sources10
Leaning Left4Leaning Right0Center2Last UpdatedBias Distribution67% Left
Bias Distribution
- 67% of the sources lean Left
67% Left
L 67%
C 33%
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