9 Story Media Group Acquires Portfolio Entertainment

9 Story Media Group has acquired Portfolio Entertainment’s library, production slate and development projects, with co-founder Lisa Olfman taking on an executive producer role.

The Portfolio distribution library features over 550 half-hours of content, which includes The Cat in the Hat Knows A Lot About That!, Hero Elementary, Addison and Carl Squared. The acquisition brings 9 Story’s total distribution library to nearly 5,000 half-hours.

Olfman, who co-founded Portfolio in 1991 with the late Joy Rosen, will join 9 Story in an executive producer role. She will report to 9 Story’s president and CEO, Vince Commisso.

Olfman will continue to oversee all active Portfolio projects and look to broaden 9 Story’s opportunities across key business areas.

Lauren Evans-Bell, associate producer at Portfolio, will also be joining as a development manager and associate producer at 9 Story, working with Olfman to shepherd the Portfolio development and production properties forward.

As part of the agreement, 9 Story takes over production on Breaking Bear, an adult animated series currently in preproduction with Cartel Entertainment and Tom DeLonge’s To the Stars for Tubi. 9 Story also takes on Portfolio’s slate of development projects, including those in active development with broadcasters. Breaking Bear and broadcaster-led development projects will be led by Olfman.

“We are so pleased to be working with Lisa to bring the Portfolio library and current slates under the 9 Story umbrella,” said Commisso. “Lisa and Joy created an incredible legacy of entertainment properties, and we are honored to continue this work in partnership with Lisa.”

“I am excited to join creative forces with the 9 Story team,” said Olfman. “9 Story has the talent, creative excellence, and robust infrastructure to best elevate the Portfolio properties for the global market. I am also looking forward to bringing new opportunities to the company and can’t wait to get started.”