Blue Ant Media to acquire Thunderbird Entertainment Group for $89m.

Blue Ant Media, a media company specializing in production, distribution, and streaming, agreed to acquire Thunderbird Entertainment Group, a multiplatform production and distribution company, for $89m. “The acquisition of Thunderbird is anticipated to add scale and complementary capabilities that strengthen Blue Ant’s studio business and enhance our earnings and cash flow. Thunderbird’s world-class service work and proprietary content creation strengthens Blue Ant’s studio portfolio and fortifies our ability to develop, package, and monetize content across multiple platforms, while improving operating efficiency across our combined businesses. We are thrilled to carry on the momentum we started with the RTO this summer,” Michael MacMillan, Blue Ant CEO.