NS: DHX Media seals $28.4-million deal

By Staff, The Canadian Press
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DHX Media Ltd. of Halifax has acquired 12 British television series for kids, including 365 episodes of Teletubbies, through the purchase of Ragdoll Worldwide Ltd.

TV

[HALIFAX, NS] - DHX Media Ltd. of Halifax has acquired 12 British television series for kids, including 365 episodes of "Teletubbies", through the purchase of Ragdoll Worldwide Ltd.

The Canadian childrens programming company says it paid the equivalent of about $28.4 million in cash to buy Ragdoll Worldwide from BBC Worldwide and a group that includes Ragdoll's founder, Anne Wood.

Also included in the deal are 100 episodes of "In the Night Garden', 52 episodes of "Teletubbies Everywhere", "The Adventures of Abney & Teal", "Dipdap" and "Brum".

The Teletubbies franchise has been a worldwide hit, broadcast in more than 120 countries including Canada.

DHX Media says it expects the deal will add to its earnings per share starting in its 2014 financial year. Its other programming includes "Caillou", "Inspector Gadget", "Johnny Test" and "Yo Gabba Gabba!".

Organizations: DHX Media, Ragdoll Worldwide Ltd.The, BBC Worldwide

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  • Sean
    September 16, 2013 - 10:53

    Wow - that is a lot of money to buy a LOT of the most loathesome children's television. I shouldn't be surprised that the teletubbies and in the night garden are produced by the same people. Do the right thing, DHX - sink that stuff in the ocean.