Brown Bag Films

Scholastic to Invest in 9 Story Media Group, Significantly Expanding Opportunities for Production and Global Licensing of Scholastic IP

Retrieved on: 
Tuesday, March 12, 2024

NEW YORK and TORONTO, March 12, 2024 /PRNewswire/ -- Scholastic (NASDAQ: SCHL), the global children's publishing, education and media company, today announced it has signed a definitive agreement to invest in 9 Story Media Group. Through the investment, Scholastic will acquire 100% of the economic interest in and a minority of voting rights in 9 Story Media Group ("9 Story"), a leading independent creator, producer and distributor of premium children's content, for approximately USD $186 million, subject to customary closing adjustments.

Key Points: 
  • The strategic investment in 9 Story's team and best-in-class production, sales and licensing capabilities significantly expands Scholastic's opportunities to leverage its trusted brand, best-selling publishing and beloved global children's franchises across print, screens and merchandising.
  • Scholastic Entertainment was rebooted under Lucchese's leadership in 2017, recognizing the untapped potential of Scholastic's engaging children's content.
  • 9 Story recorded revenue of approximately USD $104 million in its most recent fiscal year, ended August 31, 2023.
  • A supplemental presentation with further details on the transaction and its strategic rationale is available at:

Daniel Tiger’s Neighborhood Toys to Arrive at Macy’s Toys ‘R’ Us in November – Just in Time for Holiday 2023

Retrieved on: 
Monday, November 6, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231106943138/en/
    Daniel Tiger’s Neighborhood Toys to Arrive at Macy’s Toys ‘R’ Us – Just in Time for Holiday 2023!
  • (Photo: Business Wire)
    The assortment includes eight Daniel Tiger’s Neighborhood toy skus rolling out to 200+ Macy’s Toys ‘R’ Us shops across the U.S. this month.
  • Among the toys headed to store shelves are Daniel Tiger’s Neighborhood Deluxe Trolley, Daniel Tiger’s Neighborhood Family and Friends Figures, Daniel Tiger’s Neighborhood Goodnight Daniel Tiger, and an assortment of mini figures, feature and jumbo plush.
  • One of the new items, Daniel Tiger’s Neighborhood Ultra Jumbo Daniel Tiger plush, is a Macy’s Toys ‘R’ Us exclusive for fall 2023 and will be featured in the retailer’s holiday toy catalog.

Plan International Canada and 9 Story Media Group Announce First-Ever Animated Ambassador

Retrieved on: 
Wednesday, September 28, 2022

"We couldn't be more excited to welcome Karma as Plan International's first-ever animated Global Ambassador.

Key Points: 
  • "We couldn't be more excited to welcome Karma as Plan International's first-ever animated Global Ambassador.
  • These stories will be highlighted on Plan International Canada and Karma's World's social media channels using the hashtag #MusicUnitesUs.
  • Both Plan International and 9 Story Media Group share the common goal of helping children around the world to unleash their full potential.
  • Plan International Canada is a member of a global organization dedicated to advancing children's rights and equality for girls.

9 Story Media Group Announces Minority Equity Stake and First-Look Deal with Award-Winning, Inclusive Publishing Company, Knights Of

Retrieved on: 
Monday, October 4, 2021

TORONTO, Oct. 4, 2021 /CNW/ -9 Story Media Groupis pleased to announce that it has acquired a minority equity stake and entered into a first-look deal with Knights Of, an award-winning, inclusive publishing company.

Key Points: 
  • TORONTO, Oct. 4, 2021 /CNW/ -9 Story Media Groupis pleased to announce that it has acquired a minority equity stake and entered into a first-look deal with Knights Of, an award-winning, inclusive publishing company.
  • Under the terms of the deal, 9 Story has exclusive first-look rights to acquire audio-visual, merchandising, theatrical and ancillary rights to Knights Of's book properties.
  • "Partnering with 9 Story is an absolute joy for us at Knights Of," said Aime Felone, co-founder of Knights Of.
  • www.9story.com
    KNIGHTS OF is a multi-award-winning inclusive publisher focused on bringing underrepresented voices to the forefront of commercial children's publishing.