The house owners of Geek Woman co-producer Plane Photos have purchased again their shares from troubled Canadian media outfit Corus Leisure.
For an undisclosed charge, Anthony Leo and Andrew Rosen have returned themselves by way of binding settlement as sole shareholders of the corporate, coming greater than two years after Corus took a majority stake.
Plane is an Oscar and Emmy-nominated movie and TV-maker with credit together with animated film The Breadwinner, which was EP’d by Angelina Jolie, Apple TV+’s Circuit Breakers and long-running Canadian sequence Holly Hobbie.
The 20-year-old firm most not too long ago co-produced Netflix and Corus’ StackTV’s Geek Woman adaptation with Nelvana and RubyRock. The sequence has rocketed into Netflix top-10s all over the world.
“Our group at Plane Photos has been actually lucky to work with our colleagues at Corus over the previous two and half years,” mentioned Leo. “This partnership has allowed Plane to benefit from further sources and alternatives which have helped place the corporate for progress as we head into our twentieth yr in enterprise.”
Corus Co-CEO Troy Reeb added: “It has been a pleasure working alongside Andrew and Anthony as Corus has lengthy been a champion of Plane Photos’ distinctive storytelling. As we proceed to refine Corus’ content material enterprise, we stay up for seeing their ongoing progress within the world market and need them effectively on their subsequent chapter.”
The information comes after Corus, which homes manufacturers like International Information and YTV, mentioned final month it could be decreasing its full-time workforce by 25%, amounting to round 800 roles. It’s also value slicing and shuttering elements of the enterprise as a consequence of what it termed the “difficult promoting surroundings. That announcement got here after a number of senior exits out of Corus’ content material division.
