Research report, "The Connected Family: Screentime is Bonding Time," commissioned from Savanta, reveals new insights into the content-viewing and gaming preferences of US families, suggesting cross-platform integration is key for brands to engage parents and kids

Click here to download the full report.

Research Highlights:

85% of parents say enjoying video content together is a key family bonding experience, third only to mealtime and travel9 in 10 parents watch content together with their child on paid SVOD platformsYounger parents see greatest value in family viewing, with 71% of Gen Z parents and 61% of Millennial parents watching content with their kids at least once a dayThree-quarters of parents watch content with kids on YouTube, AVOD and FAST platforms, with YouTube being twice as popular as the next closest AVOD62% of Gen Z parents use FAST channels and not Cable TV when watching video content together with their child, while two-thirds of Gen Z parents use YouTube and not Cable TV when watching togetherAmazon Prime, Netflix, Hulu and Disney+ rank as the top paid SVOD platforms for family viewingParents trust kids to recommend content, but remain final-decision makers, with strong preferences for family-friendly and educational contentAlmost 50% of parents enjoy gaming with their kids on Roblox, Minecraft or Fortnite84% of parents and kids enjoy engaging with familiar characters that crossover between gaming and video content watched together, and vice versa88% of Gen Z and Millennial parents are likely to buy products or movie tickets seen in a video game played with their kidsOver 70% of parents have made purchases based on integrated brands seen when watching video content or gaming with their kids

Research report, "The Connected Family: Screentime is Bonding Time," commissioned from Savanta, reveals new insights into the content-viewing and gaming preferences of US families, suggesting cross-platform integration is key for brands to engage parents and kids

Click here to download the full report.

Research Highlights:

85% of parents say enjoying video content together is a key family bonding experience, third only to mealtime and travel9 in 10 parents watch content together with their child on paid SVOD platformsYounger parents see greatest value in family viewing, with 71% of Gen Z parents and 61% of Millennial parents watching content with their kids at least once a dayThree-quarters of parents watch content with kids on YouTube, AVOD and FAST platforms, with YouTube being twice as popular as the next closest AVOD62% of Gen Z parents use FAST channels and not Cable TV when watching video content together with their child, while two-thirds of Gen Z parents use YouTube and not Cable TV when watching togetherAmazon Prime, Netflix, Hulu and Disney+ rank as the top paid SVOD platforms for family viewingParents trust kids to recommend content, but remain final-decision makers, with strong preferences for family-friendly and educational contentAlmost 50% of parents enjoy gaming with their kids on Roblox, Minecraft or Fortnite84% of parents and kids enjoy engaging with familiar characters that crossover between gaming and video content watched together, and vice versa88% of Gen Z and Millennial parents are likely to buy products or movie tickets seen in a video game played with their kidsOver 70% of parents have made purchases based on integrated brands seen when watching video content or gaming with their kids

Q2 Operational Highlights

Strong growth in Global Licensing driven by our premium franchises Peanuts, Strawberry Shortcake and Teletubbies across multiple categories and territories.Advancing strategic goal of focusing and simplifying business with definitive agreement to sell a two-thirds stake in television broadcast business.

Q2 Financial Highlights1

Revenue from continuing operations of $125.8 million, up 7% year over year. Revenue including discontinued operations of $133.1 million, up 5% year over year.Net loss from continuing operations was $69.1 million, compared with net income of $7.0 million in Q2 2024. Net loss including discontinued operations was $74.9 million, compared with net income of $5.0 million in Q2 2024.Adjusted EBITDA2 from continuing operations of $22.3 million, up 11% year over year. Adjusted EBITDA including discontinued operations of $26.2 million, up 4% year over year.Cash provided by operating activities was $81.4 million, compared to cash used in operating activities of $35.0 million in Q2 2024.Free Cash Flow3 was positive $49.3 million, compared to positive $5.4 million in Q2 2024.

Q2 Operational Highlights

Strong growth in Global Licensing driven by our premium franchises Peanuts, Strawberry Shortcake and Teletubbies across multiple categories and territories.Advancing strategic goal of focusing and simplifying business with definitive agreement to sell a two-thirds stake in television broadcast business.

Q2 Financial Highlights1

Revenue from continuing operations of $125.8 million, up 7% year over year. Revenue including discontinued operations of $133.1 million, up 5% year over year.Net loss from continuing operations was $69.1 million, compared with net income of $7.0 million in Q2 2024. Net loss including discontinued operations was $74.9 million, compared with net income of $5.0 million in Q2 2024.Adjusted EBITDA2 from continuing operations of $22.3 million, up 11% year over year. Adjusted EBITDA including discontinued operations of $26.2 million, up 4% year over year.Cash provided by operating activities was $81.4 million, compared to cash used in operating activities of $35.0 million in Q2 2024.Free Cash Flow3 was positive $49.3 million, compared to positive $5.4 million in Q2 2024.

TORONTO, Dec. 19, 2024 /CNW/ - WildBrain Ltd. (or the "Company") (TSX: WILD), a global leader in kids' and family entertainment, reports that all nominees listed in its management information circular dated November 20, 2024, were elected as directors of the Company at its annual meeting of shareholders, held today. In addition, shareholders voted to re-appoint PricewaterhouseCoopers LLP as the independent auditor of the Company.

TORONTO, Dec. 19, 2024 /PRNewswire/ - WildBrain Ltd. (or the "Company") (TSX: WILD), a global leader in kids' and family entertainment, reports that all nominees listed in its management information circular dated November 20, 2024, were elected as directors of the Company at its annual meeting of shareholders, held today. In addition, shareholders voted to re-appoint PricewaterhouseCoopers LLP as the independent auditor of the Company.

Transaction secures strong Canadian home for channels while advancing WildBrain's strategy to simplify its business and focus on key franchises

TORONTO, Dec. 18, 2024 /CNW/ - WildBrain Ltd. ("WildBrain" or the "Company") (TSX: WILD), a global leader in kids' and family entertainment, has signed a definitive agreement ("Sale Agreement") to sell 66 2/3% of its television broadcast business ("Channels"), including Family Channel, Family Jr., WildBrainTV and Télémagino, to IoM Media Ventures Inc. ("IoM"), an independent, Canadian-owned children's studio based in Halifax, Nova Scotia. The transaction, which is subject to customary closing conditions, is expected to close in approximately three to six months, pending approval by the Canadian Radio-television and Telecommunications Commission (CRTC). The proceeds from the transaction will be used by WildBrain primarily to pay down debt.

Transaction secures strong Canadian home for channels while advancing WildBrain's strategy to simplify its business and focus on key franchises

TORONTO, Dec. 18, 2024 /PRNewswire/ - WildBrain Ltd. ("WildBrain" or the "Company") (TSX: WILD), a global leader in kids' and family entertainment, has signed a definitive agreement ("Sale Agreement") to sell 66 2/3% of its television broadcast business ("Channels"), including Family Channel, Family Jr., WildBrainTV and Télémagino, to IoM Media Ventures Inc. ("IoM"), an independent, Canadian-owned children's studio based in Halifax, Nova Scotia. The transaction, which is subject to customary closing conditions, is expected to close in approximately three to six months, pending approval by the Canadian Radio-television and Telecommunications Commission (CRTC). The proceeds from the transaction will be used by WildBrain primarily to pay down debt.

TORONTO, Dec. 13, 2024 /CNW/ - Old West Investment Management, LLC announced today that on December 12, 2024, it purchased 20,230 shares of WildBrain Ltd. Post this acquisition, Old West Investment Management, LLC is the beneficial owner of 21,178,668 shares of WildBrain, Ltd (the "Issuer"), representing approximately 10.01% of the Shares outstanding.

SOURCE Old West Investment Management, LLC

TORONTO, Nov. 28, 2024 /CNW/ - WildBrain Ltd. ("WildBrain" or the "Company") (TSX: WILD), a global leader in kids' and family entertainment, today announced that, due to the ongoing Canada Post labour dispute, delivery of the notice of meeting, information circular, and proxy form (the "Meeting Materials") for the Company's upcoming Annual and General Meeting (the "Meeting"), to be held on Thursday, December 19, 2024 at 10:00 a.m. Eastern Time, will be significantly delayed until the Canada Post labour dispute is resolved, and shareholders may not receive physical copies of the Meeting Materials in advance of the Meeting.