Media and Entertainment
Beatdapp Software secured Series A funding led by Saltagen Ventures and Jamie King with participation of Larry Fichtner and other existing investors. King will join Fichtner and founders Andrew Batey and Morgan Hayduk on Beatapp board.
Thomson Reuters acquired World Business Media Limited (WBM) from Peter S. Hastie, Timothy Riddell, and others. WBM business will join Reuters News division of Thomson Reuters.
EarthLabs to acquire Northern Miner Group (TNM Group) consisting of The Northern Miner, Canadian Mining Journal and MINING.com from Glacier Media for $4M. Anthony Vaccaro will continue to lead TMN Group, operating as a wholly owned subsidiary of EarthLabs.
Corus Entertainment Inc. through Nelvana Limited to sell Toon Boom Animation Inc. to Integrated Media Company, a TPG platform, for CDN $147.5M
ZoomerMedia Limited acquired The Peak Media Collective from Taylor Scollon, Alex Blumenstein and Brett Chang for $5 million in cash and promissory notes.
Luke Krueger and Guillermo Salazar founded IrisCX secured $4.6M seed funding from Arthur Ventures, bringing total funding $6.8M with pre-seed funding and seed funding from Heron Rock Fund, Forum Ventures, Stage 2 Capital.
NorthStar Gaming secured $12.25M strategic investment from Playtech plc, in connection with proposed RTO of Baden Resources, adding to $5M raised from Torstar and $5.075M raised from subscription receipt financing.
ZoomerMedia acquired Buzz Connected Media Inc., owner and publisher of Daily Hive, from founders Karm Sumal and Manny Bahia for $16.4M comprised of cash, vendor take-back note, preferred stock, and assumption of debt.
VerSe Innovation secured US $375M additional funding from CPP Investments, following US $430M funding round in August 2021 with participation CPP Investments, Ontario Teachers', Luxor Capital, Sumeru Ventures, Sofina Group, Baillie Gifford and others.
Elliott Investment Management L.P.'s Evergreen Coast Capital Corporation and Brookfield Business Partners L.P. and its institutional partners entered into agreement to take Nielsen Holdings plc private for US $16B.
Sony Interactive Entertainment LLC acquired Haven Entertainment Studios Inc. from founders Jade Raymond, Leon O'Reilly, Pierre-François Sapinski for undisclosed amount.
Postmedia Network Canada to acquire Brunswick News Inc. from J. D. Irving, Limited for $7.5M in cash and $8.6M in 4,095,238 variable voting shares. Upon conversion, J. D. Irving could become the largest voting shareholder.