Core Insights - Thunderbird Entertainment Group reported its first quarter fiscal 2026 results, showing a revenue of $36.8 million, a decrease of 19% from $45.7 million in the prior year quarter, primarily due to production delays [4][10] - The company experienced a net loss of $500,000 compared to a net income of $1.6 million in the prior year period, attributed to the absence of IP project deliveries in the current quarter [4][10] - Adjusted EBITDA was $1.4 million, down from $4.1 million in the prior year, with margins decreasing from 8.9% to 3.9% [4][10] Production and Projects - Thunderbird is managing 26 programs in various stages of production, an increase from 25 in the previous quarter, with 76% of expected production revenue already greenlit [3][10] - The company is working on multiple high-profile projects, including several IP-driven titles expected to contribute significant revenue in future quarters [3][10] - Notable productions include "Super Team Canada," "The Day You Begin," and "Marvel's Iron Man and his Awesome Friends," among others [10] Financial Outlook - The company anticipates full-year revenue growth in the mid- to high-single digits year over year, along with an increase in Adjusted EBITDA and margins consistent with the prior year [4][10] - Thunderbird's cash flow and balance sheet remain healthy, positioning the company well for future value generation for shareholders [3][4] Corporate Developments - Thunderbird announced a proposed acquisition by Blue Ant Media Corporation, which is expected to enhance financial and operational scale, pending customary approvals [4][10] - The company has initiated a Normal Course Issuer Bid, repurchasing 250,000 common shares for a total consideration of $0.5 million at an average price of $1.77 per share [4][6]

VANCOUVER, British Columbia--(BUSINESS WIRE)--Thunderbird Distribution and Thunderbird Brands, the distribution and consumer products arms of Thunderbird Entertainment Group Inc. (TSXV:TBRD, OTC – THBRF) ("Thunderbird†or the "Company†), are pleased to announce a landmark collaboration with Disney Branded Television to bring the bedtime series BeddyByes to audiences worldwide. The deal grants Disney Jr. U.S. linear television rights and Disney+ global subscription video on demand (SVOD) rights,. ...