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DHX reaches deal to buy Nerd Corps

Media | 12/02/2014 4:46 pm EST

DHX Media Ltd. said Tuesday it has reached an agreement to purchase Vancouver-based children's content producer Nerd Corps Entertainment Inc. for $57 million. Halifax-based DHX, a broadcaster and producer of television programming, said in a press release that Nerd Corps is the creator of several popular children's shows, including Slugterra, one of the most popular programs on Disney XD in Canada and the United States. Assets gained by the deal include an animation studio in Vancouver, more than 200 half-hours of children's content, interactive apps and licensing opportunities...