THUNDERBIRD ENTRTNMT GRP - THBRF STOCK NEWS

Great Pacific Media (GPM), a Thunderbird Entertainment Group company, has announced that Banijay Rights has acquired segment rights to their hit docuseries Highway Thru Hell. This deal allows Banijay Rights to license, distribute, publish, and broadcast short-form segments from the series, which is preparing for its 14th season. Banijay Rights has already launched an official Highway Thru Hell YouTube channel and is publishing segments on social media platforms, including Facebook.

The series, which debuted on Bell Media's Discovery in 2012, has produced over 200 episodes across 13 seasons and is available in 180 territories. Banijay Rights has also launched a dedicated Highway Thru Hell FAST channel in the UK and Australia. This expansion is expected to strengthen the series' brand and attract new audiences globally.

Thunderbird Entertainment Group has been recognized as one of Canada's Top Growing Companies by The Globe and Mail, ranking No. 316 with a three-year revenue growth of 105%. This marks the second year the company has been included in this prestigious list.

CEO Jennifer Twiner McCarron attributes the company's success to its robust pipeline spanning various genres and demographics, and its reputation as a trusted partner delivering quality content. Thunderbird's productions include popular series like LEGO Pixar Bricktoons, Mermicorno: Starfall, and Marvel's Spidey and His Amazing Friends.

The company also excels in unscripted content and has a dedicated team for global distribution and consumer products. With over 1,200 team members across Vancouver, Ottawa, and Los Angeles, Thunderbird continues to expand its reach and looks forward to future growth.

Thunderbird Entertainment Group Inc. (TSXV:TBRD) (OTCQX:THBRF) has announced its upcoming Fiscal 2024 Q4 and full-year results report, scheduled for release after market close on Wednesday, October 9, 2024. The company will hold a conference call and webcast on Thursday, October 10, at 11 a.m. PT/ 2 p.m. ET.

During the call, CEO Jennifer Twiner McCarron will provide a business operations overview, while CFO Simon Bodymore will present the financial statements. A brief Q&A session will follow the prepared remarks. Interested parties can pre-register for the call or join via webcast or telephone using the provided access details.

Thunderbird Entertainment Group Inc. (TSXV:TBRD, OTC – THBRF) has announced multiple sales for two children's series through its distribution arm. BooSnoo!, a Sky Kids Original, has been sold to nine new territories, including Peacock, Tubi, and HappyKids in the U.S. The series, recently named a Common Sense Selection for Families, is a mixed-media, dialogue-free show for kids aged two and up.

Mittens & Pants, a live-action preschool series, has secured additional platforms including Tubi, BeIN, and Alibaba's Youku. The show features the adventures of a kitten and puppy in an all-animal town. Both series will be represented by Thunderbird Distribution at the upcoming MIPjunior/MIPCOM market in Cannes, France, in October 2024.

Thunderbird Entertainment Group (TSXV:TBRD, OTC:THBRF) has acquired global media and consumer products rights to the new preschool series BeddyByes, excluding the UK, Ireland, Denmark, Finland, and Sweden. The 52 x 11-minute CG-animated series, produced by Ireland's JAM Media, is set to debut on CBeebies and BBC iPlayer in spring 2025.

BeddyByes aims to help toddlers and young preschoolers prepare for sleep through a gentle, visually rich journey. The series follows characters MeMo and BaBa through daily routines, promoting good nutrition, mindfulness, and creativity. Thunderbird Distribution will preview BeddyByes to buyers at MIPCOM in October 2024.

Thunderbird Entertainment Group, trading on TSXV as TBRD and OTC as THBRF, announced significant catalogue sales across various genres including scripted, kids and family, and unscripted content.

Highlights include Fuse Media's acquisition of 'Kim’s Convenience' season one and five, Fawesome's pick-up of 'Intelligence,' and several feature films becoming available on Tubi and Pluto (Canada). Additionally, Netflix renewed the U.S. license for 'Some Assembly Required,' and TVO and Knowledge Network acquired 'Molly of Denali' season 2.

Furthermore, Thunderbird amended its credit facilities with the Royal Bank of Canada (RBC), increasing its borrowing capacity to $63 million to support production financing, distribution advances, and day-to-day operations.

Thunderbird Entertainment's Great Pacific Media (GPM) has announced multiple renewals and new productions for 2024 and 2025. The 14th season of 'Highway Thru Hell' has been greenlit, with filming set for winter 2024. Season 13 will premiere on Discovery Canada and The Weather Channel this fall. GPM is also producing 'Sidelined: The QB and Me,' a film based on a popular Wattpad novel, set to debut on Tubi later this year. Additional renewals include 'Timber Titans' and 'Wild Rose Vets,' both heading into their second seasons. 'Deadman's Curse' is also returning for its second season this fall on The History Channel. GPM's CEO, David Way, credited the company's success to its strong teams and network partnerships.

Thunderbird Entertainment Group (TSXV: TBRD, OTCQX: THBRF) released its fiscal Q3 2024 results, showcasing significant improvements in key financial metrics. Free Cash Flow increased to $13.4 million from $(15.8) million year-over-year, an astounding 185% rise. Net income reached $0.01 million, reversing a $2.3 million loss in the prior year. However, revenue declined to $35.4 million from $37.3 million, a 5% drop.

AEBITDA also decreased from $3.7 million to $3.3 million due to reduced IP deliveries. The company implemented cost reductions, achieving cumulative savings of over $3 million for fiscal 2024. Thunderbird expects Q4 to be the strongest quarter, with a 20% AEBITDA growth anticipated for fiscal 2024. New animation projects will add 30% more revenue in fiscals 2025 and 2026.

Thunderbird also repurchased 591,400 shares for $1.2 million under its Normal Course Issuer Bid. The company was involved in 22 productions, including high-profile projects for Netflix and Disney, and announced new series and distribution deals.

Thunderbird Entertainment, in collaboration with tokidoki, is expanding the reach of its new animated series, Mermicorno: Starfall. Platform partnerships have been established with Warner Bros. Discovery's Max (U.S. and LATAM), Cartoon Network (LATAM and Southeast Asia), POP (UK), and Corus Entertainment (Canada). The first season will feature 26 episodes, each 22 minutes long, launching on Corus platforms in early 2025. Nelvana will represent Mermicorno: Starfall's licensing in Canada, excluding toys and publishing. This series, inspired by tokidoki’s Mermicorno characters, targets children aged 5-9 and is currently in production at Atomic's Ottawa studio.