Welcome to our dedicated page for Thunderbird Entmt Group news (Ticker: THBRF), a resource for investors and traders seeking the latest updates and insights on Thunderbird Entmt Group stock.
Thunderbird Entertainment Group Inc. (OTCQX: THBRF; TSXV: TBRD) is frequently featured in news coverage as a global award-winning, full-service multiplatform production, distribution and rights management company. Headquartered in Vancouver with teams in Los Angeles and, in some disclosures, Ottawa, Thunderbird creates scripted, unscripted and animated programming for major digital platforms and broadcasters in Canada and internationally.
News about Thunderbird often highlights developments across its divisions: Thunderbird Kids and Family (Atomic Cartoons), Thunderbird Unscripted (Great Pacific Media) and Thunderbird Scripted. Coverage includes announcements of new series in development or production, such as Atomic Cartoons’ work on Surf’s Up: The Series based on Sony Pictures Animation’s film Surf’s Up, as well as updates on Thunderbird-owned intellectual property like Mermicorno: Starfall and Super Team Canada.
Investors and followers can expect regular updates on distribution and licensing deals through Thunderbird Distribution and Thunderbird Brands. Recent examples include a collaboration with Disney Branded Television to bring the preschool series BeddyByes to Disney Jr. and Disney+, and new consumer product licensing partnerships for Mermicorno: Starfall in categories such as publishing and personal care.
Company news also covers financial and corporate milestones, including fiscal year-end and quarterly results, production slates, credit facilities with Royal Bank of Canada, and share repurchase activity under a Normal Course Issuer Bid. In addition, recent releases discuss a proposed plan of arrangement under which Blue Ant Media Corporation would acquire all Thunderbird common shares, alongside commentary from both the company and a shareholder, Sieve Capital, which has publicly opposed the transaction.
This news page aggregates these types of announcements so readers can follow Thunderbird’s production activity, partnerships, financial reporting and corporate transactions in one place.
Thunderbird Entertainment Group is set to premiere Season 11 of Highway Thru Hell on September 26 at 9 p.m. ET, showcasing the impact of the 2021 British Columbia floods. Viewers will witness recovery efforts by heavy operators and first responders in devastated communities, highlighting the challenges they faced during this natural disaster. The season promises real stories of resilience, detailing the destruction and subsequent recovery efforts on essential highways.
Thunderbird Entertainment Group has appointed Nelson Huynh as the new Director of Distribution Sales, effective immediately. Huynh will oversee licensing of children's series and scripted content primarily in EMEA, Latin America, and Asia. Reporting to Richard Goldsmith, he aims to secure commissions and co-productions, representing the company at major events like MIPJUNIOR and MIPCOM in Cannes this October. Huynh brings extensive experience from Kidscreen and will focus on expanding Thunderbird's content sales and distribution reach.
Thunderbird Entertainment Group Inc. (TSXV:TBRD, OTC:THBRF) announced that on August 26, 2022, Frank Giustra donated 976,470 common shares held by 1291308 B.C. Ltd. to a charitable organization. Following this transaction, Giustra's total holdings decreased from 7,297,433 shares (14.77% of outstanding shares) to 6,320,963 shares (12.80%). The donation was made for investment purposes, and Giustra has no immediate plans to acquire more shares, although he may consider future transactions.
Thunderbird Entertainment Group has announced key promotions within its leadership team at Great Pacific Media (GPM), enhancing its strategic direction. Lindsay Macadam has been elevated to Executive Vice President, leading business development and series oversight, bringing over 15 years of industry experience. Todd Serotiuk has been appointed Vice President, Creative, focusing on new series and team development. Additionally, Lori Massini is now Senior Vice President, Legal and Business Affairs, overseeing production legal across all genres. These moves aim to strengthen GPM's innovative content strategy.
Thunderbird Entertainment Group has acquired global media and consumer products rights for the new preschool series Mittens & Pants from Windy Isle Entertainment. This live-action series, featuring Mittens the kitten and Pants the puppy, will launch on CBC and Sky Kids this Fall. Thunderbird aims to expand its distribution and brand portfolio with this charming series aimed at preschoolers. The show is designed to resonate with audiences globally, enhancing Thunderbird's market presence in children's programming.
Thunderbird Entertainment Group (TSXV: TBRD, OTCQX: THBRF) has announced exciting updates from its Unscripted Division, Great Pacific Media. The fall line-up includes the premiere of three new series and renewals for five existing shows. Currently, GPM is producing eight unscripted shows with over 80 hours of original content. Notable premieres include Deadman’s Curse on History Channel and After the Storm on Discovery Channel. GPM's strategy aims at creative expansion, reflecting the growing demand for unscripted programming.
Thunderbird Entertainment Group (THBRF) has engaged Independent Trading Group (ITG) to provide market-making services for a minimum term of three months, with a monthly fee of $6,500. This arrangement aims to maintain an orderly market for the company’s securities on the TSX Venture Exchange. ITG will be compensated solely in cash, and no shares or options will be involved. Thunderbird operates as a leading multiplatform production company, known for its award-winning programs across various genres.
Thunderbird Entertainment announces the appointment of Kitty Walsh as Executive Director of Development for its Kids & Family Division, Atomic Cartoons. Walsh, previously at Disney Junior, will lead the development of new IP and strengthen partnerships with creative talents. The studio also promotes Rose Stacey to Manager of Development, indicating a focus on enhancing original content offerings. This strategic hiring aims to attract high-quality, fandom-driven projects and elevate Atomic’s development slate, aligning with Thunderbird's commitment to producing impactful children's content.
Thunderbird Entertainment Group has authorized the grant of 200,000 incentive stock options to executive-level employees. The options are priced at $3.50 per share and have a seven-year term, subject to vesting provisions. This move aligns with the company’s strategy to incentivize its leadership team. Thunderbird is known for its award-winning production and distribution of multiplatform content and has a diverse portfolio, including animated and factual programming.
Thunderbird Entertainment Group reported its Q3 2022 financial results, revealing consolidated revenues of $36.9 million, a decrease of 2% year-over-year. However, revenues increased by 23% for the nine-month period, totaling $104.9 million. Adjusted EBITDA fell by 14% to $6.4 million for the quarter, although it rose 2% for the nine months to $17.7 million. The company is currently managing 26 productions, partnering with major platforms like Netflix and Disney+. A conference call is scheduled for May 16, 2022, to discuss the results further.