Neil Court (pictured) will become the Executive Chairman of Toronto, Canada-based distributor 9 Story Limited, after the former DHX Media principle and Decode Entertainment co-founder made an equity investment into the company. ZM Capital II, a private equity fund from New York-based investment firm ZelnickMedia, also made an equity investment in 9 Story.
Terms of the deal were not disclosed.
Founded in 2002, animation specialist 9 Story distributes series such as Daniel Tiger’s Neighbourhood, Almost Naked Animals and Camp Lakebottom. The company will keep its existing management team, including Vince Commisso, who will continue as President and CEO. He will report to a newly formed board of directors.
The announcement is in line with an expansion strategy that began with 9 Story striking a deal to acquire the children’s and family library from indie producer CCI Entertainment last year.