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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Thunderbird Entertainment Group
Thunderbird Entertainment Group (TBRD) investor relations material
Thunderbird Entertainment Group has been acquired
Thunderbird Entertainment Group EGM 2026 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.EGM 2026 summary22 Jan, 2026
Opening remarks and agenda
Meeting convened to consider and vote on a special resolution regarding an arrangement with Blue Ant Media Corporation.
Emphasis on virtual participation to maximize shareholder involvement.
Only registered shareholders and duly appointed proxy holders as of the record date could participate, vote, and ask questions.
Notice of meeting and related materials were distributed in compliance with legal requirements.
Quorum confirmed as present, allowing the meeting to proceed.
Specific resolutions to be voted on
Sole item of business: approval of a special resolution for an arrangement under which Blue Ant would acquire all issued and outstanding shares.
Shareholders could elect to receive CAD 1.77 in cash per share, 0.2165 Blue Ant shares per Thunderbird share, or a combination, subject to a CAD 40 million cash cap.
Approval required at least two-thirds of votes cast by shareholders present or represented by proxy.
Corporate governance
Strategic review committee of independent directors led the review and negotiation process for the arrangement.
Both the committee and the board unanimously determined the arrangement was in shareholders' best interests, with one director abstaining.
Board recommended shareholders vote in favor of the resolution.
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Latest events from Thunderbird Entertainment Group
- Q1 revenue dropped 19%, but strong cash, no debt, and new IP deals support future growth.TBRD
Q1 2026 - Blue Ant acquires Thunderbird for $89M, targeting $7M synergies and global expansion.TBRDM&A Announcement
- 12% revenue growth, net income doubled, and strong IP launches in a debt-free, resilient year.TBRDQ4 2025
- Exceeding 2024 guidance, the company targets 20% revenue growth and 10%+ EBITDA growth for 2025.TBRDStatus Update
- Returned to profitability in 2024, Adjusted EBITDA up 30%, targeting 20%+ revenue growth in 2025.TBRDQ4 2024
- Q1 revenue up 36%, adjusted EBITDA up 64%, and 2025 growth targets reaffirmed.TBRDQ1 2025
- Revenue up 29%, AEBITDA up 79%, and net income at CAD 2.2M with a debt-free balance sheet.TBRDQ3 2025
- Q2 revenue, adjusted EBITDA, and free cash flow rose, with 2025 growth targets reaffirmed.TBRDQ2 2025
Thunderbird Entertainment Group
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Frequently asked questions
Thunderbird Entertainment Group Inc. develops, produces, and distributes film and television programs internationally. It operates through two segments: Kids & Global Content (KGC) and Control Holdings (Control). The KGC segment produces preschool series such as “Esme and Roy”; factual entertainment series; documentaries; high-end science drama series “Frankie Drake Mysteries”; and television movies under the Thunderbird brand. This segment also develops animation content for streaming platforms; lifestyle and reality television programs that include co-productions with US broadcasters; reformats reality TV exported globally; and co-develops scripted content. The Control segment manages principal investment activities comprising development capital investments in certain subsidiaries primarily involved in production financing. The company was formerly known as Thunderbird Films Inc. and changed its name to Thunderbird Entertainment Group Inc. in March 2016.