HALIFAX - DHX Media Ltd. of Halifax (TSX:DHX) has acquired 12 British television series for kids, including 365 episodes of "Teletubbies," through the purchase of Ragdoll Worldwide Ltd.
The Canadian childrens programming company says it paid the equivalent of about $28.4 million in cash to buy Ragdoll Worldwide from BBC Worldwide and a group that includes Ragdoll's founder, Anne Wood.
Also included in the deal are 100 episodes of "In the Night Garden," 52 episodes of "Teletubbies Everywhere," "The Adventures of Abney & Teal," "Dipdap" and "Brum."
The Teletubbies franchise has been a worldwide hit, broadcast in more than 120 countries including Canada.
DHX Media says it expects the deal will add to its earnings per share starting in its 2014 financial year. Its other programming includes "Caillou," "Inspector Gadget," "Johnny Test" and "Yo Gabba Gabba!."
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