Northern Pictures sold in Canadian deal

Sydney production co. sold as part of Racat Group sale to Canada’s Blue Ant Media.

David Haslingden’s Racat Group, which includes production company Northern Pictures, pre-schoolers ZooMoo Networks, and NHNZ of New Zealand, has been sold to Canada’s Blue Ant Media.

Also included in the acquisition are Beach House Pictures of Singapore and mobile game developer and publisher Runaway Play from New Zealand.

Te deal sees Toronto’s Blue Ant secure a presence in Singapore, Dunedin, Sydney, Beijing and Taipei.

Haslingden, a former Nine chairman, was president and chief operating officer at the FOX Networks Group after spending a decade as CEO of FOX International Channels and National Geographic Channels Worldwide prior to setting up Racat in 2012. He becomes a significant shareholder and member of Blue Ant Media’s board of directors as a result of the deal.

“Our editorial focuses, product lines and territorial presences make us a perfect fit. While the Racat businesses have achieved a lot in the last five years, there’s no doubt those achievements will be dwarfed by what we get done in the next five as part of Blue Ant Media,” he said.

Northern Pictures has produced has recently produced Kakadu, Life on the Reef (pictured), Changing Minds and the Once Upon a Time in franchise. Founder Sue Clothier will continue to head the firm.

Source: C21

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