Date Closed

August 1, 2012

Lead Office

Toronto

Value

85.00 Million CAD

On August 1, 2012, Blue Ant Media Inc. announced it had acquired Canadian broadcaster High Fidelity HDTV and its four premium high definition channels - Oasis HD, eqhd, radX and HIFI HD. With the existing GlassBOX Television properties Bite, AUX and Travel+Escape the addition of the High Fidelity HDTV channels further strengthens the Company as an up and coming independent media company in Canada.

High Fidelity HDTV, based in Toronto, Ontario is an all-HD broadcast and production company.

Blue Ant Media, also based in Toronto, Ontario is an integrated Canadian media company that creates and distributes lifestyle, travel, documentary, music and entertainment content. In addition to the newly acquired channels, the company owns specialty channels Travel+Escape, Bite TV and AUX TV, and their companion digital properties.

McCarthy Tétrault LLP represented High Fidelity HDTV, as target, with a team led by Grant Buchanan, and including Bram Abramson.