The JV, which is yet to be named, will operate independently in Canada. It will focus on premium children’s content for linear networks and digital platforms.
Discovery Kids Latin America and Corus’ suite of kids channels will commission programming from the venture. The former is a major preschool network in Latin America, while Corus operates five top rating children’s channels and owns production studio Nelvana in Canada.
“This new venture was born from two businesses who have built a reputation for entertaining, inspiring, and informative storytelling,” said Scott Dyer, president of Nelvana.
“The inception of the venture comes at a time of strong and increasing demand for kids’ content globally, boosted by insatiable viewing via digital streaming services. Our mutual goal is to create a new pipeline of kids’ content for distribution across the world.”
“Kids’ video entertainment is a strong and growing genre for Discovery spearheaded by Discovery Kids, our market-leading pay TV channel and TV Everywhere service in Latin America,” said Carolina Lightcap, executive VP and chief content officer at Discovery Latin America (pictured).