Scholastic Completes 9 Story Media Group Purchase

Following the approval of the Minister of Canadian Heritage, Scholastic has finalized its $186 million acquisition of the Toronto-based 9 Story Media Group. Scholastic reached an agreement to buy 9 Story in March.

9 Story is a creator, producer, and distributor of children’s content, and has worked with Scholastic on a host of projects for 20 years, including the recent reboot of the animated series of Scholastic’s Clifford the Big Red Dog series. It has production studios in Toronto, Dublin, and Bali, and its revenue totaled $104 million in the fiscal year ended August 31, 2023.

9 Story CEO and president Vince Commisso will continue to lead the company.

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