BACKENTERTAINMENT ONE MAKES EQUITY INVESTMENT IN CANVAS MEDIA STUDIOSLOS ANGELES December 1, 2016 Global independent studio Entertainment One (eOne) today announced that it has made an equity investment in Canvas Media Studios, the digital-first media company founded by Emmy-Award winning creator Bernie Su and media executive David Tochterman. Through the strategic investment, Canvas will expand its distribution, production and financing of premium scripted content for digital and traditional media, as well as emerging VOD and OTT platforms. Canvas Media Studios will work closely with eOne Television on a first-look basis for production and distribution to bring its content to worldwide audiences across all media.
I'm delighted to announce our partnership with Bernie, David and the Canvas Media Studios team. As we think about the future of storytelling, we are pleased to be in business with innovators that bring new models to the table and complement our business. Together, we are well-positioned to find opportunities in rapidly developing media and platforms, said John Morayniss, CEO, eOne Television.
In addition to providing resources to fulfill our vision for developing and producing multi-platform premium scripted content, eOne's strategic investment in Canvas Media Studios will enable us to pursue a range of distribution and co-financing opportunities, including identifying third party content, said Tochterman, co-founder Canvas Media Studios. Added Su, co-founder Canvas Media Studios, eOne is a progressive global company that continuously identifies and produces great stories. We re incredibly honored that a company with this track record is putting such faith into Canvas Media Studios. I m excited to see what we ll be able to do together.
As a follow-up to its Emmy nominated Stylehaul series Vanity, Canvas Media Studios is currently developing Socio, its first television series, for MTV; a new comedy project under its exclusive development deal with Jennette McCurdy; and a slate based on New Leaf Literary's young adult novels. An experimental 360 scripted comedy series The Mobile Oval, which CMS produced with The Young Turks, marked the launch of its Canvas Labs incubator.
eOne joins Allen DeBevoise's Third Wave Digital and MNM Creative as investors in Canvas Media.
"As a strategic partner as well as investor, eOne adds tremendous value to Canvas Media Studios," said DeBevoise. "Their global distribution capability is a great match for Bernie and David s creative and business acumen, and places Canvas Media Studios on a strong growth trajectory"
Before co-founding Canvas Media Studios, Tochterman was a digital strategy consultant for PBS, ABC and Starz and prior to that he launched the digital media division of Innovative Artists, led the TV division of Will Smith's Overbrook Entertainment and was a senior VP at the Carsey-Werner Co. Su, who also co-founded Pemberley Digital, is a two-time Primetime Emmy Award winner and Four-time Streamy Award winner. His projects include Frankenstein MD for PBS and digital series The Lizzie Bennet Diaries and Emma Approved.
###
About Entertainment One
Entertainment One Ltd. (LSE:ETO) is a global independent studio that specialises in the development, acquisition, production, financing, distribution and sales of entertainment content. The Company's diversified expertise spans across film, television and music production and sales, family programming, merchandising and licensing, and digital content. Through its global reach and expansive scale, powered by deep local market knowledge, the Company delivers the best content to the world.
Entertainment One's robust network includes film and television studio The Mark Gordon Company; content creation venture Amblin Partners with Steven Spielberg, DreamWorks Studios, Participant Media, and Reliance Entertainment; leading feature film production and global sales company Sierra Pictures; unscripted television production companies Renegade 83, Paperny Entertainment and Force Four Entertainment; world-class music labels Dualtone Music Group and Last Gang; and award-winning digital agency Secret Location.
The Company's rights library is exploited across all media formats and includes more than 100,000 hours of film and television content and approximately 40,000 music tracks.
About Canvas Media Studios
Canvas Media Studios is a creative driven digital studio focused on developing scripted multi-platform entertainment franchises, supported by organic engagement and audience integration. Canvas is headquartered in Los Angeles. For more information, go to www.canvasmediastudios.com.
For more information:
Entertainment One
Jackie Rubin
jrubin@entonegroup.com
424 274 4151
Canvas Media Studios
MPRM Communications
Rachel McCallister & Lisa Bustamante
canvas@mprm.com / 323 933 3399
Most recent headlines
04/08/2024
Dalet, a leading technology and service provider for media-rich organizations, is excited to announce Santiago Solanas as its new Chief Executive Officer (CEO)....
03/06/2024
Dalet, a leading technology and service provider for media-rich organizations, a...
28/04/2024
Mediahaus delivers the first SRT live-streaming sports production over 5G with U...
19/04/2024
Thank You for visiting us at NAB 2024!
Thank you for joining us at the ToolsOnAir booth during NAB Show 2024!
We were delighted to showcase our latest inno...
19/04/2024
PARK CITY, UTAH - JANUARY 18: (L-R) John Early and Theda Hammel attend the 2024 Sundance Film Festival Stress Positions premiere at Library Center Theatre on ...
19/04/2024
By Lucy Spicer
One of the most exciting things about the Sundance Film Festival...
19/04/2024
Pictured: Midnight Family
By Stephanie Ornelas
A great way to get to know a city as culturally unique and rich as Mexico City is to listen to the stories tol...
19/04/2024
St. Louis, MO - April 18, 2024 - Studio Network Solutions (SNS) announced today that MOD won three prestigious industry awards at NAB Show 2024 held this week i...
19/04/2024
Spotify's mission is to unlock the potential of human creativity by giving a million artists the opportunity to live off their art and billions of fans the ...
19/04/2024
It's a beautiful day to be a Swiftie. Today, Taylor Swift dropped her 11th s...
19/04/2024
MELBOURNE, Fla., April 19, 2024 - The Board of Directors of L3Harris Technologies (NYSE:LHX) declared a quarterly cash dividend of $1.16 per common share, payab...
19/04/2024
PARIS Intel has announced that its plans for the Olympic and Paralympic Games Paris 2024 will include using artificial intelligence technology powered by Intel ...
19/04/2024
LAS VEGAS Technologists working on all aspects of the 8K media production chain offered an optimistic update at the 2024 NAB Show on the state of 8K in video pr...
19/04/2024
OpenDrives New Software-Defined Platform Atlas Wins 2024 NAB Show Product of the...
19/04/2024
Grass Valley Showcases Next-Generation T3 Series 4K/HD Digital Recording and Pla...
19/04/2024
NiTRo's M-CUBE Studio Levels Up Esports Productions with AJA Gear
Brie Clayton April 19, 2024
0 Comments
Esports' rapid rise to popularity can...
19/04/2024
Blackmagic Design Announces DaVinci Resolve 19
Brie Clayton April 19, 2024
0 Comments
Major update adds new DaVinci Neural Engine AI tools, new color ...
19/04/2024
Sony Pictures Entertainment is reportedly in talks with Apollo Global Management to make a bid to acquire Paramount which itself is currently discussing a merge...
19/04/2024
Simon Wilkinson, head of VFX at 1185 films, talks about the technology behind the newly-released horror
By Matthew Corrigan
Published: April 19, 2024
Simo...
19/04/2024
The global electronics company is said to be considering joining forces with investment firm Apollo Management to bid for Paramount Global
By Jenny Priestley
...
19/04/2024
The report broke the economic footprint of EBU member sports broadcasting into three main areas
By Matthew Corrigan
Published: April 19, 2024
The report b...
19/04/2024
CBS Stations has launched CBS News California Investigates , with Julie Watts named regional CBS California correspondent. She will uncover and raise awarenes...
19/04/2024
MediaCo Holding, which owns radio stations WQHT (Hot 97) and WBLS in New York, said it acquired Estrella Media's Spanish-language video, audio and digital c...
19/04/2024
Netflix has ordered season five of fantasy drama The Witcher, which will be the final season. Production has recently begun on season four, and the two remainin...
19/04/2024
DirecTV Stream said it added eight more The CW affiliates to its lineup on Thursday....
19/04/2024
CBS has renewed Elsbeth for the 2024-2025 season. The drama, with Carrie Preston in the lead role, debuted February 29....
19/04/2024
With the Bears picking first, NBCUniversal Local's properties in Chicago plan extensive coverage of the NFL draft next week....
19/04/2024
PHILADELPHIA As government subsidies for broadband services come to an end, Comcast has launched NOW, a new product portfolio of lower-cost Internet, mobile and...
19/04/2024
DirecTV Stream has added more local CW stations for its streaming customers in Boston, Charlotte, Cincinnati, Cleveland, Hartford-New Haven Conn., Phoenix, San ...
19/04/2024
NEW YORK & LOS ANGELES MediaCo Holding Inc. has announced that it has acquired all of Estrella Media's network, content, digital, and commercial operations....
19/04/2024
SAN JOSE, Calif. Adobe has announced that the all-new Adobe Express mobile app is available to all users, bringing features powered by Adobe Firefly generative ...
19/04/2024
LOS GATOS, Calif. Netflix reported another blockbuster quarter by adding 9.33 million new subscribers in Q1, 2024 as global paid memberships hit 269.6 million, ...
19/04/2024
The Current State of the Industry and the Future Impact of AI
Hillary Lewis April 18, 2024
0 Comments
The Entertainment Industry: How did we get here ...
19/04/2024
After Effects Tutorial Text Blur Reveal
Andy Ford April 18, 2024
0 Comments
Here's a way to do a quick blur reveal for your text layer. Start by...
19/04/2024
Hollyland Mars M1 Enhanced Wireless Transmitter / Receiver
Colin Smith April 18, 2024
0 Comments
This tutorial shows the new wireless transmitter rece...
19/04/2024
Resolve Fusion: Writing Expressions with Lua
Simon Ubsdell April 18, 2024
0 Comments
The answer to the very frequently-asked question: what is the pro...
19/04/2024
B+C and Next TV have announced the winners of Best of Show Awards for the 2024 NAB Show. The awards were judged by a panel of industry experts at the convention...
19/04/2024
Cate Blanchett narrates the Netflix series Our Living World, which premieres April 17. The four-part series looks at the extraordinary creatures around the glob...
19/04/2024
Apple TV Plus has a spinoff of For All Mankind in the works. It is called Star City and details the cosmonauts, engineers and intelligence officers working behi...
19/04/2024
Jacquie Walker, longtime anchor at WIVB Buffalo, will step down from the anchor desk. She has spent over 40 years at WIVB and her last day as an anchor is May 2...
19/04/2024
Bob Hearts Abishola will premiere in broadcast syndication this fall on such station groups as Nexstar Media Group, Sinclair, Hearst Television, Tegna, E.W. Scr...
19/04/2024
Live With Kelly and Mark remains TV's top entertainment talk show as Kelly Ripa and her co-host and husband Mark Consuelo celebrate their one-year anniversa...
19/04/2024
Sean McLaughlin has been named VP of news for Graham Media Group. He had been senior VP of local news at E.W. Scripps. He will will be responsible for developi...
19/04/2024
Netflix has shared the first trailer from One Hundred Years of Solitude, a series based on the esteemed novel by Gabriel Garc a M rquez. The streamer is on boar...
19/04/2024
NAB 2024 in Review: West Hall - SportsTech Buzz From AWS, Appear, Ateme, The Swi...
19/04/2024
NAB 2024 Draws 61,000+ Attendees With More Than Half Attending the Show for the ...
19/04/2024
Rohde & Schwarz and VIAVI support European OTIC in Berlin for O-RAN conformance ...
19/04/2024
Wuppertal April 19, 2024
Riedel launches Bolero Connect for seamless integration with PunQtum A pioneer in the field of digital intercom, Riedel has recently ...
BACKENTERTAINMENT ONE MAKES EQUITY INVESTMENT IN CANVAS MEDIA STUDIOSLOS ANGELES December 1, 2016 Global independent studio Entertainment One (eOne) today announced that it has made an equity investment in Canvas Media Studios, the digital-first media company founded by Emmy-Award winning creator Bernie Su and media executive David Tochterman. Through the strategic investment, Canvas will expand its distribution, production and financing of premium scripted content for digital and traditional media, as well as emerging VOD and OTT platforms. Canvas Media Studios will work closely with eOne Television on a first-look basis for production and distribution to bring its content to worldwide audiences across all media.
