Overview

• Corus confirmed it is winding down current projects at the Toronto animation studio and has halted new series for the time being.
• Nelvana will continue as a label focused on distribution, merchandising and stewardship of its existing catalog, according to Corus.
• Corus declined to disclose how many jobs were affected as production work tapered off over recent months.
• Reports from people linked to the studio over the weekend described a closure, but Corus says it is not shutting Nelvana entirely.
• The shift follows Corus’s heavy debt load, falling revenue and recent children’s-channel closures, alongside broader sector pullbacks such as WildBrain’s plan to shut Family Channel.