Marwyn-backed Entertainment One buys Paperny Entertainment
Entertainment One Ltd (LSE: ETO) has bought Paperny Entertainment Inc, a producer of factual television programming. The acquisition price was not published, but has been estimated at $29.2 million. The Vancouver-based Paperny was sold by partners David Paperny, Cal Shumiatcher and Audrey Mehler. Entertainment One said the deal would contribute to its ramping up of unscripted television production across North America. The Toronto-based company, which specializes in the acquisition, production and distribution of film and television content, is a portfolio investment of British private equity firm Marwyn Investment Management.
17 July 2014•4 mins read
