2 Sources
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Teletubbies Owner WildBrain Buys AI Firm for $11 Million
Teletubbies IP owner WildBrain has bought Personality AI in an $11 million cash and stock deal to create safe conversational AI experiences for kids in partnership with IP owners. Personality AI, launched a year ago, has tech tools to create interactive characters using generative AI. WildBrain and the AI product maker will work with IP owners to create interactive experiences across toys, apps and platforms via licensing agreements. Amid mounting concerns about kids growing up with AI "friends," WildBrain, a Canadian kids and family entertainment company, told The Hollywood Reporter that Personality AI products are not open-ended platforms, but are tested to ensure safe interactions. An example is Hey Peppa Pig, an interactive voice experience developed with Hasbro to allow kids to talk with Peppa Pig on Amazon's Fire Kids tablets. WildBrain has acquired all outstanding shares of Personality AI for $11 million in cash and 1 million company shares. Personality AI will also receive $2 million on the first anniversary of the deal closing, and additionally up to $56 million in cash based on meeting performance goals the three calendar years to 2029. The sales agreement also has John Goscha, founder and CEO of Personality AI, joining WildBrain as executive vp, Personality AI, along with his team of experts, and all reporting to Josh Scherba, president and CEO of WildBrain. "I'd like to welcome John and his team to WildBrain, who bring proven new technology and commercial capabilities to our platform. Our strategy at WildBrain is centerd on building long-term value by activating IP on a global scale. As fan engagement continues to evolve, we believe interactive AI experiences represent an important new opportunity for brands to connect with audiences in meaningful ways," Scherba said in a statement. In Dec. 2025, Sony Pictures Entertainment and Sony Music Entertainment Japan took a significant stake in Peanuts Holding LLC, the company that controls the intellectual property rights of the beloved characters created by Charles M. Schulz such as Charlie Brown and Snoopy, by acquiring a 41 percent stake held by WildBrain for $460 million.
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Family entertainment company WildBrain acquires Personality AI
TORONTO -- Family entertainment company WildBrain Ltd. has acquired Personality AI, which uses technology to create interactive characters using generative AI. Personality AI is the company behind an interactive Peppa Pig, developed with Hasbro that allows children to talk with the character. The deal will see John Goscha, founder and CEO of Personality AI, join WildBrain's executive team as executive vice-president of Personality AI. Under the agreement, WildBrain is paying US$11 million in cash and one million WildBrain shares. It has also agreed to pay an additional US$2 million on the first anniversary of the closing of the deal, payable in up to one million WildBrain shares with any balance in cash. The agreement also includes performance-based cash payments up to a total of US$56 million tied to the Personality AI business achieving certain revenue targets in 2027, 2028 and 2029.
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WildBrain, the family entertainment company behind Teletubbies, has acquired Personality AI for $11 million in cash and stock. The generative AI firm creates interactive characters like Hey Peppa Pig, allowing safe conversational AI experiences for kids across toys, apps and platforms.
WildBrain, the family entertainment company that owns the Teletubbies IP, has acquired Personality AI in an $11 million cash and stock deal designed to expand AI-driven interactive entertainment for children
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. The AI acquisition includes $11 million in cash and 1 million WildBrain shares, with an additional $2 million payable on the first anniversary of the deal closing2
. The agreement also features performance-based earnouts totaling up to $56 million in cash tied to revenue targets across the three calendar years through 20291
.Personality AI, launched just a year ago, develops technology tools to create interactive characters using generative AI
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. The generative AI firm has already demonstrated its capabilities through Hey Peppa Pig, an interactive voice experience developed in partnership with Hasbro that allows children to talk with Peppa Pig on Amazon Fire Kids tablets1
. Addressing mounting concerns about children growing up with AI "friends," WildBrain emphasized that Personality AI products are not open-ended platforms but are rigorously tested to ensure safe interactions1
.John Goscha, founder and CEO of Personality AI, will join WildBrain as executive vice president of Personality AI, bringing his team of experts who will report directly to Josh Scherba, president and CEO of WildBrain
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. Scherba stated, "Our strategy at WildBrain is centered on building long-term value by activating IP on a global scale. As fan engagement continues to evolve, we believe interactive AI experiences represent an important new opportunity for brands to connect with audiences in meaningful ways"1
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The combined entity plans to work with IP owners to create interactive experiences across toys, apps and platforms through licensing agreements
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. This acquisition positions WildBrain to capitalize on the growing demand for AI-powered interactive entertainment while maintaining safety standards for young audiences. The deal comes after WildBrain sold its 41 percent stake in Peanuts Holding LLC to Sony Pictures Entertainment and Sony Music Entertainment Japan for $460 million in December 20251
, suggesting the company is reallocating capital toward emerging technologies that enhance fan engagement with its existing IP portfolio.Summarized by
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