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Scholastic Paying $183 Million to Acquire Full Economic Interest in Animation Studio 9 Story Media

Scholastic is boosting its entertainment biz: The kids media and publishing company announced a $186 million deal to acquire full economic interest in 9 Story Media Group, a leading children’s content producer and distributor. Through the investment, Scholastic will acquire 100% of the economic interest in and a minority of voting rights in 9 Story […]

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