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Corus Entertainment selling Toon Boom Animation subsidiary for $147.5M

Published Mon, 24 Feb 2025 04:07:54 GMT

TORONTO — Corus Entertainment Inc. says it has signed a deal to sell its Montreal-based animation software subsidiary Toon Boom Animation Inc. to Integrated Media Company (IMC) for $147.5 million in cash.Colin Bohm, executive vice-president of content and corporate strategy at Corus, says the move will free up capital, increase the company’s financial flexibility and sharpen its focus.Toon Boom’s software is used for animation, storyboarding and production management.Founded in 1994, Corus bought a 50 per cent stake in Toon Boom in 2004 and acquired the remaining interest in 2012. Corus says the deal is expected to generate about $142 million in net proceeds that will be used to repay debt.Shares in Corus were up 20 cents or nearly 15 per cent at $1.56 in early trading on the Toronto Stock Exchange.This report by The Canadian Press was first published July 13, 2023.Companies in this story: (TSX:CJR.B)The Canadian Press

Top UN court rejects Nicaragua’s case in a long-running maritime dispute with Colombia

Published Mon, 24 Feb 2025 04:07:54 GMT

THE HAGUE, Netherlands (AP) — The United Nations’ top court on Thursday rejected a case brought by Nicaragua in a decades-long dispute with Colombia over maritime borders and entitlements in the Caribbean.The International Court of Justice dismissed Nicaragua’s bid to gain economic rights over an area of the Caribbean sea that lies more than 200 nautical miles (380 kilometers) from its shores.Nicaragua wanted the international court to review the limits of its continental shelf, and determine new maritime boundaries for the Central American nation.Colombia already claims exclusive economic rights in much of the area that lies to the east of Nicaragua’s 200 nautical mile boundary. Bogota argued that there is no precedent for extending a country’s 200-nautical-mile zone, when it clashes with that of another nation.The area has long been claimed by both countries, and Nicaragua gained fishing rights over a big portion in a 2012 ruling by the world court in The Hague. But Co...

1 of 3 suspects wanted in shooting death of Karolina Huebner-Makurat arrested

Published Mon, 24 Feb 2025 04:07:54 GMT

One of three men wanted in an east-end shooting last week that killed an innocent bystander is under arrest. Police say 32-year-old Damian Hudson has been charged with second-degree murder in the shooting that resulted in the death of Karolina Huebner-Makurat.The 44-year-old wife and mother of two was walking in the area of Queen Street East and Carlaw Avenue to pick up lunch when gunshots rang out just before 12:30 p.m. on July 7 when she was struck by a stray bullet. She was taken to a nearby trauma centre where she was later pronounced dead.Police say there was a physical altercation between three men in the area and two of them pulled out handguns and began shooting at each other. Investigators continue to search for two other suspects. A GoFundMe page which has been set up by friends of the Huebner-Makurat family has collected more than $247,000 of the now $350,000 campaign goal since it launched five days ago.

The gunman who killed 11 people in a Pittsburgh synagogue is found eligible for the death penalty

Published Mon, 24 Feb 2025 04:07:54 GMT

PITTSBURGH (AP) — The gunman who killed 11 people at a Pittsburgh synagogue in 2018 is eligible for the death penalty, a federal jury announced Thursday, setting the stage for further evidence and testimony on whether he should be sentenced to death or life in prison.The government is seeking capital punishment for Robert Bowers, who raged against Jewish people online before storming the Tree of Life synagogue with an AR-15 rifle and other weapons in the nation’s deadliest antisemitic attack. The jury agreed with prosecutors that Bowers — who spent six months planning the attack and has since expressed regret that he didn’t kill more people — had formed the requisite legal intent to kill.Bowers’ lawyers argued that his ability to form intent was impaired by mental illness and a delusional belief that he could stop a genocide of white people by killing Jews.The jurors found among other things that Bowers intended to kill, that substantial planning went into the attack, and that he ta...

Even the most populous places are pushing for US census corrections to boost funding

Published Mon, 24 Feb 2025 04:07:54 GMT

A misplaced naval ship in California. Overlooked college students in New York City. Missed inmates in Texas.These are some of the reasons why the two most populous states and the largest city in the U.S. filed last-minute requests for corrections to their 2020 census figures right before the deadline at the end of last month. California, Texas and New York City were joined by a dozen and a half other stragglers, including Illinois and New Orleans, that made down-to-the-deadline appeals over the numbers that help determine political power and the annual distribution of $2.8 trillion in federal funding.In total, nearly 200 requests for corrections were filed by local, state and tribal governments through two programs started by the U.S. Census Bureau to give governments opportunities to have their population totals reviewed and corrected if need be.If successful, any corrections will be applied only to future population estimates used for the rest of the decade in determining federal ...

Stretch of Dufferin Street closed for up to 2 months for emergency repairs

Published Mon, 24 Feb 2025 04:07:54 GMT

A stretch of a main Toronto west end thoroughfare is going to be shut down to drivers for the next couple of months for emergency bridge repairs.The City of Toronto says the southbound portion of the Dufferin Street Bridge over the Gardiner Expressway will be closed after crews discovered damage that needed repairs.The southbound lanes of Dufferin will be blocked off from Springhurst Avenue to British Columbia Road, the northbound lanes and pedestrian sidewalk will remain open. Southbound traffic will be diverted onto Springhurst.“The City will be installing variable message signs, adjusting traffic signals in the area and deploying paid duty officers if necessary to manage traffic,” reads a statement from the city.#TrafficAlertTO The southbound lane of the Dufferin Street Bridge is currently closed to vehicle traffic to facilitate emergency repair work on the bridge. SB traffic is being diverted along Springhurst Avenue. NB traffic and sidewalk remain open. pic.twitter....

Vondrousova tops Svitolina to become the first unseeded women’s finalist at Wimbledon in 60 years

Published Mon, 24 Feb 2025 04:07:54 GMT

WIMBLEDON, England (AP) — Marketa Vondrousova became the first unseeded women’s finalist at Wimbledon since Billie Jean King in 1963, eliminating Elina Svitolina 6-3, 6-3 on Thursday by reeling off seven consecutive games in one stretch and then holding on for the victory.Vondrousova is a 24-year-old left-hander from the Czech Republic who is ranked 43rd. She reached the second Grand Slam final of her career after getting that far as a teenager at the 2019 French Open.“I was crazy nervous,” said Vondrouova, who bowed her head and knelt at the baseline when the match was over. “I was nervous, actually, the whole match.”On Saturday, she will face No. 2 seed Aryna Sabalenka or No. 6 seed Ons Jabeur, the 2022 runner-up at Wimbledon.Ranked No. 76 and also unseeded, Svitolina returned to the tour from maternity leave just three months ago. She was trying to become the first woman from Ukraine to make it to the title match at a major tennis tournament and received loud support from t...

Messi mania engulfs Miami over the arrival of the Argentine soccer superstar

Published Mon, 24 Feb 2025 04:07:54 GMT

MIAMI (AP) — A hamburger and drink combination called the Lionel Messi. A huge sketch of the soccer star’s smiling face on a restaurant wall beside a viral meme from the 2022 World Cup in Qatar. A beer with a pink label matching the color of the Inter Miami jersey he will wear.Wherever you turn in Miami these days something reminds you of the arrival of the Argentine soccer legend.There is no hiding the euphoria generated by Messi in Miami as he begins the new Major League Soccer phase of his career in one of the most Latino cities in the United States. But his arrival is also bringing a note of sadness as fans know that at age 36 he is nearing the end of his career.Messi announced on June 7 that he will play for Inter Miami in a move that is expected to revitalize soccer in the United States and South Florida with one of the sporting world’s best-known figures. More than 100,000 Argentines live in Miami, which will host World Cup matches in 2026.The seven-time winner of the Ballon ...

'Fast and Furious'-themed roller coaster coming to Universal Studios Hollywood

Published Mon, 24 Feb 2025 04:07:54 GMT

(KTLA) – Universal Studios Hollywood will soon break ground on its newest "Fast and Furious"-themed roller coaster, park officials announced on Wednesday.Park officials said the new coaster will "engulf" guests in the "Fast and Furious" universe through “innovative and technological achievements never previously employed,” according to a press release.A view of the construction for Universal Studios Hollywood's new roller coaster. ( KTLA) Rumors about the park's new roller began swirling in October, when a screenshot of a geotechnical study submitted by the theme park was shared on Twitter.The study showed that officials planned for the ride’s track to begin in the upper lot, go over the Starway Escalator, descend toward the lower lot, and then back up again. Official says Carowinds coaster may have developed crack a week before it was noticed “When I saw the permit, I got excited because this was something that was only rumored, but then to see the permit, it shows that they are ...

Recipient of historic face transplant says he's doing well, still sees 'another person' in the mirror

Published Mon, 24 Feb 2025 04:07:54 GMT

(KTLA) – A Los Angeles man who underwent a historic face transplant after suffering extensive burns in a 2013 crash is recovering well and happy for a second chance at life.Robert Chelsea, 68, was driving home from church in 2013 when his car overheated, so he pulled over on the side of the freeway. While waiting for roadside assistance, a drunk driver crashed into his car, causing it to explode on impact. Chelsea suffered third-degree burns on over 50% of his body as a result.Chelsea underwent an extensive 16-hour surgery in July 2019, which, as he noted at the time, made him the oldest person and the first African American to get a face transplant.Robert Chelsea, a Los Angeles man who underwent a historic face transplant after suffering extensive burns in a 2013 crash, is recovering thanks to the surgeries providing him with a second chance at life. (KTLA)"After enduring more than 30 surgeries, three years of tests, physical and psychological evaluations, and a longer than usual w...