Company Description: TV content distribution business
Instructed by: TCB Media Rights
WK Corporate Finance (“WKCF”) has successfully advised the shareholders of London-based content distribution company TCB Media Rights (“the Company”) on the sale of 100% of the share capital to Kew Media Group Inc., an independent entertainment content group listed on the Toronto Stock Exchange (TSX:KEW, KEW.WT).
Founded in late 2012 by distribution veteran Paul Heaney, TCB’s management team is highly respected by content buyers and producers alike. Paul’s innovative approach to deal making, (including collaboration with producers early in the content-conception cycle) has enabled the platform to scale rapidly – the team arrives at MIPCOM this month with a dynamic slate of over 40 new factual entertainment series.
TCB’s mission continues to be to identify young producers able to deliver strong creative content and work with them to craft their concepts into internationally appealing properties. With a catalogue approaching 2,000 hours today, TCB represents producers from all corners of the globe.
Some of TCB’s top selling titles include Bondi Rescue (Ten Network), Abandoned Engineering (Discovery Science), Murder Made Me Famous (Reelz) and Royal Secrets (ITV).
Commenting on the deal, Paul Heaney (Founder, TCB Media Rights) remarked:
“We are delighted to be partnering with Kew Media Group. As we strategized with WKCF on how best to elevate TCB to the next level, it was quickly apparent that Kew fitted the bill. With its established distribution footprint, growing stable of production entities, heavyweight management team and access to capital markets, we believe we have found the perfect partner to assist us as we continue to build scale in the international distribution business”.
Dane Phillips (Director, WK Corporate Finance) commented:
“It was a pleasure representing this outstanding team on a landmark deal for both parties. We entertained a terrific amount of interest from numerous international media groups however, Kew’s approach and ambition quickly singled them out as Paul and Dina’s preferred partner. I have no doubt that Kew is the right home for TCB and look forward to watching this partnership blossom in 2018 and beyond”.