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, /PRNewswire/ - WildBrain Ltd. ("WildBrain" or the "Company") (TSX: WILD), a global leader in kids' and family entertainment, today reported its third quarter ("Q3 2024") results for the period ended . , WildBrain President and CEO, said: "As I reflect on my first year as President and CEO, I am encouraged by the significant progress we've made to focus on our key franchises and in solidifying our position as a leader in content creation, audience engagement and global licensing.
Despite the industry headwinds in content production brought on this year by the slowdown in greenlights, our production pipeline for Fiscal Years 2025 and 2026 is returning to a more normalized output. Major streaming platforms are now looking to WildBrain as a 'go to' partner for premium animation—as reflected by projects such as our new Peanuts feature greenlit by Apple TV+ and the success of as a top-ten show on Netflix. Additionally, in the third quarter, we saw strength in our AVOD business and in licensing for our owned brands in .
I am optimistic and excited about the path ahead, as we remain committed to executing on our long-term strategy of simplifying and growing our business and improving our balance sheet." , WildBrain CFO, added: "We continue to focus our business on our key franchises that can generate the greatest returns from our integrated 360-degree capabilities. While Fiscal Year 2024 has been impacted by the slowdown in production greenlights, we remain committed to our key f.
