Corus Entertainment buys Canadian affiliate of VC-backed Kin
Corus Entertainment Inc (TSX: CJR.B) has acquired the Canadian operations of Kin Community, a Los Angeles-based digital media company focused on lifestyle content for women. Terms weren't disclosed. The Kin Canada team will remain in place. Corus, a Toronto-based media and content provider, said the acquisition strengthens its position in the lifestyle space and complements its existing social digital agency, so.da. Corus led Kin's US$12 million Series C financing in 2014 and joined its US$13.5 million Series D financing in 2016. The company's other investors include Emil Capital Partners, General Catalyst and Rustic Canyon Partners.
2 April 2019•3 mins read
