Recent Transactions


Cinar Films Acquires Twin Sister Productions, Inc.

Whitestone Communications Represents Leading Children's Music Publisher, Twin Sisters, In Sale to CINAR Films

February 2000

CINAR Films is an integrated entertainment and education company that develops, produces, markets and distributes high-quality, non-violent programing and supplemental eductaion products for children, families and educators worlwide. In educational publishing, CINAR acquisitions have included Carson-Dellosa, High Reach Learning and Edusoft, and the company has invested in Lightspan Partnership. Headquartered in Montreal, CINAR is a publicly traded company in Canada and in the U.S. (NASDAQ) and reported revenues of C$151 million for the 12 months ended November 30, 1998.

Twin Sisters Productions, Inc., is a leading publisher of educational and inspirational music on audiocassettes and CDs for pre-school and elemtary school children. Product lines include Reading Rediness, Early Childhood, Math, Foreign Language Instruction, Social Studies and Infant Lullabies. Twin Sisters has won more than 75 national product awards and distinctions for quality age-appropriateness, educational excellence and overall fun. Based in Akron, Ohio, the company was founded by twin sisters Kim Mitzo Thompson and Karen Mitzo Hilderbrand.