Breakthrough co-founder Peter Williamson exits

A management buyout sees the executive producer step down, and Michael McGuigan and Nat Abraham take control.
October 23, 2018

Executive producer and co-founder Peter Williamson is departing Breakthrough Entertainment, the Canadian production company he started with Ira Levy 35 years ago—following the acquisition of its kids library by 9 Story Media Group a few months ago.

Breakthrough announced today that Williamson is stepping down as part of a management buyout, with CFO Michael McGuigan and distribution president Nat Abraham taking control of the company going forward. Financial terms of the buyout were not disclosed.

The move comes three months after Breakthrough moved out of the kids and family space, selling 757 half hours of kids and family content (both animated and live-action) to 9 Story.

Williamson and Levy started Breakthrough in 1983, building up an impressive portfolio of properties including Bruno & Boots, The Adventures of Dudley the Dragon and YTV’s Anne of Green Gables MOW trilogy in the ensuing years. Williamson will continue to oversee the development of Coppermine, a movie currently in the works with Buffalo Gal Pictures.

No details have been provided by Breakthrough about Levy’s ongoing role with the company.

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