Sonar Finalizes Acquisition of Tricon Assets

Sonar Entertainment has acquired assets from Tricon Films & Television, expanding the company’s activities into the areas of non-scripted and kids’ and family content for the first time.

Program acquisitions include the kids’ series Counterfeit Cat, currently airing in the U.S. on Disney XD, on TELETOON in Canada, on Hulu and in more than 200 countries worldwide. Sonar is also acquiring Tricon properties currently in development. These include the children’s series Go Away Unicorn for Disney and Corus, and the non-scripted series Texas Metal for Discovery and Food’s Greatest Hits for Scripps.

Additionally, key members of the Tricon senior executive team will be joining Sonar, including company founder and president Andrea Gorfolova. Gorfolova launched Tricon in 2000. Sonar is also acquiring the distribution rights for more than 1,500 hours of Tricon’s library programming.

“This represents another critically important milestone in our broad-based growth strategy for Sonar,” said Gabriel de Alba, the chairman at Sonar Entertainment and the managing director and partner at The Catalyst Capital Group. “Our exceptional creative team is primed to aggressively build out our content in these new categories. At the same time, the success of our high-end premium scripted dramas has earned Sonar tremendous momentum. We are well positioned to leverage our strong relationships in the global marketplace through our distribution team to ensure that Sonar’s programming across all genres achieves maximum impact.”

“Over nearly two decades, Tricon has established a well-deserved reputation for innovative programming with unique appeal to audiences both domestically and internationally,” said Thomas Lesinski, the CEO of Sonar Entertainment. “This is a unique opportunity for Sonar to significantly broaden our programming mix and we are excited about the assets that we are bringing to the company. The infusion of experience and skill that Andrea and her team bring to Sonar makes the overall opportunity even more far-reaching and impactful for our business.”