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Entertainment One Buys Stake In Canvas Media Studio

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Digital production company Canvas Media Studios has a new backer joining Allen DeBevoise’s Third Wave Digital and MNM Creative: Toronto-based Entertainment One (eOne) says today that it has bought equity in the operation founded by Bernie Su and David Tochterman.

The companies didn’t disclose the size of the investment. But Canvas says it will use the cash to distribute, produce and finance “premium scripted content for digital and traditional media, as well as emerging VOD and OTT platforms.”

See more at Deadline.

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