WildBrain Buys Personality AI In Deal Worth Up To $70 Million

WildBrain, the Canadian animation studio that owns and manages a huge library of family entertainment including Teletubbies, Strawberry Shortcake, Yo Gabba Gabba! and Inspector Gadget, has acquired 100% of Personality AI, a generative AI startup focused on bringing character experiences to life. The immediate purchase price was USD $11 million in cash plus 1 million…