Genius Brands completed the acquisition of WOW! Unlimited Media for $53m.

Genius Brands, an entertainment company, completed the acquisition of WOW! Unlimited Media, a Canadian animation and media holding company, for $53m. "The acquisition of WOW! substantially accelerates the financial growth of Genius Brands, delivering on our promise to shareholders to execute meaningful and accretive acquisitions, as we seek to rapidly consolidate the marketplace and become the foremost producer, broadcaster, and consumer product licensor of high-quality children’s entertainment in the world," Andy Heyward, Genius Brands Chairman and CEO.