Entertainment One has acquired the 50% of digital production studio Secret Location it didn’t already own.
eOne first bought into its compatriot Canadian firm in May 2014, and now owns 100% of its shares. Financial terms of the deal were not disclosed.
eOne sees Secret Location as a shortcut to specialist digital development , and said in a statement to the London Stock Exchange that the new investment would “help drive new content opportunities across the group”.
eOne has grown through a series of acquisitions, bringing in a number of unscripted prodcos such as Renegade 83 and Force Four Entertainment, and acquiring a majority stake in US drama producer The Mark Gordon Company.