Abacus Media Rights has been acquired by Canada’s Sphere Media following the conclusion of the company’s sale by Amcomri Entertainment Inc. The transaction was partnered by Bell Media, Canada’s leading media and entertainment company and current shareholder of Sphere Media.
A Sphere Media company, the newly named entity Sphere Abacus is now the distribution arm of Sphere Media operating alongside the company’s highly successful production business. In addition to working with Sphere Media production companies, Sphere Abacus will continue to invest in, pre-sell and sell scripted and unscripted productions from independent producers around the world to its extensive client base.
Sphere Abacus Managing Director Jonathan Ford has joined the Sphere Media executive team reporting directly to Sphere Media CEO Bruno Dubé. The highly experienced sales and acquisition teams at Sphere Abacus will continue to be based in the UK.
Jonathan Ford commented: “We are extremely pleased to now be part of Sphere Media, a company with a great reputation and a line-up of incredible programming. Our two companies are particularly complementary, and we are very much looking forward to working closer with the brilliant producers at Sphere, enabling their programming to have even greater global success.”
Ford added: “The long-standing and robust partnerships we have developed with all our production, broadcast and streaming clients continue to be highly important to us all at Sphere Abacus, and we’re thrilled to have an even stronger base on which to build and grow new global collaborations.”
Bruno Dubé concluded: “Sphere Media is acknowledged as a producer of high-quality productions both in Canada and internationally. This significant development for our company means that our global capabilities have extended further and deeper. Together with Sphere Abacus we have become an exceptionally effective force in the worldwide content market.”
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