AlixPartners Restructuring, Inc., the Court-appointed Receiver of A Parent Media Co. Inc. (“APMC”) and Kidoodle, Inc. (“Kidoodle”, and together with APMC, the “Debtors”), is soliciting offers to purchase or invest in the Debtors’ business and assets, including the Kidoodle. TV and Victory+ streaming platforms, pursuant to a Court-approved stalking horse sale and investment solicitation process (the “SISP”).
BUSINESS OVERVIEW
APMC develops streaming, monetization and digital advertising technology in-house and operates in approximately 160 territories and regions.
Kidoodle.TV is a free, ad-supported, COPPA-compliant children’s streaming service launched in 2014, with more than 26 million lifetime app downloads since 2024; the platform has remained online throughout the receivership.
Victory+ is a free, ad-supported live sports streaming service launched in 2024; the platform is currently offline.
KEY ASSETS
Kidoodle.TV and Victory+ streaming platforms, brands and related intellectual property.
Proprietary programmatic advertising stack and COPPA-compliant advertising proxy.
Data lake and first-party user data (subject to applicable privacy law), content and media rights contracts, computer equipment and accounts receivable.
THE OPPORTUNITY
The SISP seeks offers to purchase all or substantially all the Debtors’ property, or to invest in, restructure, recapitalize or refinance the Debtors or their business.
Offers for portions of the Debtors’ property are permitted if, alone or together with other offers, they constitute a Superior Offer (as defined in the SISP) to the stalking horse bid.
The bid deadline is 12:00 p.m. (Calgary time) on November 20, 2026.
Details on the SISP and the stalking horse bid are available at the case website. Parties that sign a non-disclosure agreement will receive access to the virtual data room.
Please contact Paul Lim or Ross Graham of the Receiver’s office at [email protected] / 587.437.8741 or [email protected] / 587.437.9692, respectively, with
any questions.
