CanadasSphere Mediahas completed its C$24.6M ($18.2M) of UK-based distributorAbacus Media Rights.

Going forwards, Abacus will be known as Sphere Abacus and act as Spheres sales wing.

The company will remain in London and structurally little will change.

Sphere CEO Bruno Dubé and Sphere Abacus MD Jonathan Ford

Sphere CEO Bruno Dubé and Sphere Abacus MD Jonathan FordBBROCARD/Sphere Abacus

Sphere Media is acknowledged as a producer of high-quality productions both in Canada and internationally, said Dube.

This significant development for our company means that our global capabilities have extended further and deeper.

Together with Sphere Abacus we have become an exceptionally effective force in the worldwide content market.

‘Love Island USA’

Sphere has offices in Montreal, Quebec, Toronto and London.

It operates in scripted, documentary, reality, game show, animation, magazines and variety programs.

Bell owns a sizeable stake in Sphere following an investment last year.