Distribution Access Signs Definitive Agreement to Acquire Canamedia Inc.

TORONTO, June 29 /CNW/ - DISTRIBUTION ACCESS, Canada's leading provider of educational video content announces the signing of a definitive agreement to acquire Canamedia Inc., one of Canada's longest established broadcast distribution and production companies.

Canamedia has become one of the world's leading distributors of lifestyle, adventure and outdoors programming and as a major syndicator across Canada boasts a catalogue of more than 1500 titles, plus ongoing production projects.

With a library of over 15,000 titles, DISTRIBUTION ACCESS serves over 16,000 Canadian educational institutions - elementary, secondary, post-secondary, libraries - and Canadian learners of all ages in their homes as well as educational and broadcasting organizations around the world. This extensive library also provides its digital video content via proprietary digital platforms.

The combined libraries for television broadcast and non-theatrical educational distribution, with the global reach of both companies, together with digital applications and production expertise, will help propel DISTRIBUTION ACCESS as an even more significant player in educational media production and distribution in Canada and around the world.

"This acquisition provides Distribution Access with significant new content for our digital applications along with a solid foundation for growing our global broadcast distribution division" says Doug Connolly, President of Distribution Access. "These are two very complimentary businesses and we are particularly pleased to welcome Les Harris to our Board of Directors and as Senior Producer to oversee our production activities moving forward" adds Dr. Ron Keast, Chairman of the Distribution Access Board.

"Combining the activities and talent of these two organizations will position us to serve the growing demand for digital programming on a wide variety of platforms while focusing production efforts toward the needs of specialty and niche program providers. I am excited to continue my 40+ years of production experience working with the Distribution Access team" says Les Harris, President of Canamedia; adding, "Producers and clients of Canamedia will receive the benefit of a stronger and better positioned company as we move forward together."

About Distribution Access:

Distribution Access has been serving the media resources needs of Canadian education and global non-theatrical markets since 1997 providing elementary, secondary and post-secondary schools, libraries, businesses, community organizations and life-long learners with award-winning productions on a wide variety of subjects for every age and need. The company operates from offices in Toronto, Vancouver and Saint John with over 30 Agents globally and represents over 150 producers from around the world. Learn More: www.distributionaccess.com

About Canamedia:

Founded in 1978 by Les and Jane Harris, Canamedia's own productions have included TV movies, one hour dramas and children's series, travel and lifestyle shows and numerous award winning documentaries over their 33 + year history. Co-productions and co-ventures have been completed with BBC TV & Channel 4 in the UK, Canal+ in France, and PBS, A&E and Ovation in the US along with most of Canada's major networks.

Learn More: www.canamedia.com


For further information: For further information: corporate@distributionaccess.com

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