Entertainment One has acquired New York-based non-fiction prodco Blackfin, the global mass media and entertainment company announced today (Sept. 12).
The deal comes just a few weeks after eOne, headquartered in Toronto, was purchased by toy company Hasbro for US$4 billion.
Blackfin’s founder and CEO, Geno McDermott (pictured), will serve as eOne’s president of U.S. alternative programming – unscripted television.
The acquisition bolsters eOne’s effort to expand its non-scripted business globally. Earlier this summer, the company acquired Daisybeck Studios, appointing Matthew Pritchard and Matt Walton as executive vice presidents of unscripted television based in London.
“As our global unscripted television business has rapidly expanded, we are eager to bring Geno’s entrepreneurial hustle to the eOne team,” Tara Long, president of global unscripted television at eOne said in a statement.
McDermott added Blackfin’s “rapid growth” demanded a strategic partner to take the company to “new heights.”
“eOne could not be a better fit. There is a prolific story unfolding at the studio that Tara has spent the past nine years driving,” he said.
(Photo credit: Bianca Bourgeoi and Anne-Michele Mallory)