Bell Media Acquires Majority Stake in Sphere Abacus, Expands Global Reach

Bell Media has acquired a majority stake in Sphere Abacus, a UK-based global content distributor, through its parent company, Sphere Media International. This strategic move enhances Bell Media's international distribution capabilities and is aimed at expanding the reach of Canadian content and creators to global audiences. The combined catalog of Sphere Abacus and Bell Media will feature over 5,500 hours of programming, including high-profile titles such as 'Leaving Neverland 2' and 'The Mightiest'. Bell Media President Sean Cohan emphasized this acquisition aligns with their goal to prioritize global content distribution and capitalize on international opportunities. Sphere Abacus will continue to operate under its existing brand and leadership, with plans to accelerate content acquisitions and broaden partnerships with creators. The deal is expected to close in the coming weeks, marking a significant step in Bell Media's growth strategy within the competitive media landscape.