DHX Media has acquired Los Angeles-based Wildbrain Entertainment for approximately $8 million, picking up such properties as Yo Gabba Gabba! and The Ricky Gervais Show.
The acquisition grants DHX 53 episodes of "Yo Gabba Gabba!," as well as its live tour. In addition, the company gains access to new U.S. broadcaster relationships and adds a marketing and licensing team.
Michael Polis will continue to lead Wildbrain Entertainment as president and will now additionally serve as executive vice president of branded entertainment and consumer products for DHX Media.
"Wildbrain is a great fit for our business," says Michael Donovan, chairman and chief executive officer of DHX Media. "In addition to gaining a new hit U.S. property in Yo Gabba Gabba! and its live show, DHX Media will also benefit from an LA-based studio with a strong creative and marketing track record and excellent U.S. broadcaster relationships. Mike Polis and his team have a first-rate reputation and this collaboration will further advance our goal of creating and leveraging a library of hit kids and family entertainment brands."